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Tower estimates cost of Cyclone Harold cover at $8m-$10m

The claims could trigger its reinsurance cover.

Julie Iles Tue, 21 Apr 2020

Listed insurer Tower said the cost of coverage for Cyclone Harold has tipped its large event cover estimate over the edge. 

The category 5 cyclone affected communities across Vanuatu and Tonga, with lives lost and homes, properties and infrastructure damaged. 

Tower Insurance estimates the

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Tower estimates cost of Cyclone Harold cover at $8m-$10m
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