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Best’s News & Research Service subscription required - March 24, 2026 02:36 PM (EDT)

APRA: Weather Losses Could Double to $11.19 Billion in 2050, Posing Risk to Financial System

Annual weather losses are expected to double to more than A$16 billion ($11.19 billion) in 2050, according to the Australian Prudential Regulation Authority. . . .

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