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Australia: Millions in damage from Brisbane storm

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Insurers are counting in millions the cost of damage, reported Courier Mail. The insured damage bill from the recent storm in Australia's Brisbane city has been reported at $109 million Australian ($93 million), but this will increase.

The Insurance Council of Australia said 15,060 claims have been reported so far. The storm flipped aircraft and damaged buildings, possibly generating claims related to business interruptions. Suncorp Group Ltd. and Allianz S.E. are among insurers that have received claims.

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