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IAG receives over 5000 claims from Australia floods

Cyclist riding through flooded road

Insurance Australia Group's insurance businesses NRMA Insurance and CGU have received 5600 claims following damage from ex-tropical cyclone Oswald in Queensland and New South Wales.

IAG has said that additional assessors have been sent to the affected areas and builders are on stand-by. Although IAG said it is too early to determine the total costs of the event, it has been

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