Magazine date:
Mar 2013 According to AON Benfield, floods in Indonesia and Australia have cost insurers 625 million USD during the month of January 2013. Torrential rains have affected the region of Jakarta killing 41 people and causing material damages estimated at 311 million USD.
In Australia, six people were killed in the provinces of Queensland and New South Wales. Insurers are committed up to 314 million USD in the latter incident in addition to 100 million USD in compensation of the bush fires which occurred in the same month in the Southeast of Australia.