Insurers report tens of thousands of claims from wild east coast weather, including ex-tropical cyclone Jasper

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Insurance giant IAG says the financial impact of devastating tropical cyclone Jasper and wild weather on the east coast last month is tracking below its allowances — which it has upgraded for the new year.

IAG — which operates the NRMA, CGU and WFI brands, and the now-defunct SGIO — on Thursday said the ultimate costs of the disasters was still being determined.



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