SMH reports that natural disasters in Australia and New Zealand (like the Melbourne hailstorm and Queenstown earthquake) are likely to cost Suncorp more than $270 million in the last 6 months - http://news.smh.com.au/breaking-news-business/suncorp-flags-cost-of-natural-disasters-20120106-1po09.html?utm_source=twitterfeed&utm_medium=twitter
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