Theoretically it should work the other way. Insurers suffer from natural disasters, because they pay out, but JLG should benefit from the increased business the disasters provide and the income comes from the insurance companies.
Contrary to media footage it was dead calm in the days before the cyclone here. The media were using old storm footage to make it look worse. Never let truth get in the way of a good story. All good here, just a few trees down and a lot of homes without power.
Ann: 2023 Annual General Meeting Presentation, page-39
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