Melor could cost insurers $1.5bn
Typhoon Melor, which struck Japan's main island on October 9, could cost insurers up to $1.5bn, according to risk modelling firm AIR Worldwide.
Suncorp says Owald to cost it $220 mln Updated: 18:38, Wednesday February 6, 2013 Insurance group Suncorp Group has received about 23,000 claims associated with ex-tropical cyclone Oswald, saying the cost of claims will be limited to no more than $220 million .