Focus Is on Australian Insurance Stocks Following East Coast Storms
West Coast Paper Share Price:1Stocks Following Now
Storms, flooding, and wind are said to have claimed two lives. This month, QBE and Insurance Australia’s stock prices have underperformed.
After severe weather battered Australia’s east coast over the holidays, the country’s insurance stocks may see further weakness when trading resumes on Wednesday.
As of Tuesday afternoon, local media reported that two people had died from injuries caused by powerful winds, flooding, and intense storms that also damaged homes and infrastructure. The Australian Insurance Council is currently estimating the cost of the
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