Friday, March 2, 2012

Vic: Melbourne storm damage estimated at $75m


AAP General News (Australia)
12-06-2003
Vic: Melbourne storm damage estimated at $75m

The powerful storm which hit Melbourne on Wednesday has left a damage bill of at least
$75 millione.

While the damage bill ranks the storm the most expensive to hit Melbourne in 30 years,
it's well below the clean-up costs of the Sydney hailstorm in April 1999, which caused
$1.75 billion in damage.

An Insurance Council of Australia spokeswoman says this week's storm was well within
the capacities of insurance companies to deal with.

AAP RTV svm/dk/rcg/wz

KEYWORD: FLOODS (MELBOURNE)

2003 AAP Information Services Pty Limited (AAP) or its Licensors.

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