How are ASX insurance share prices performing during NSW’s floods?

There are both devastating and amazing stories resulting from the once-a-century floods across NSW at the moment. For investors, the leading ASX insurance share prices are all on watch, as more than 3,000 insurance claims have been made across the country.

That number is expected to rise dramatically over the coming days.

In wake of the disaster, the ASX’s major insurance companies have reacted differently. Note that German insurer Allianz, which has 8% of the Australian general insurance market, is not listed on the domestic exchange.

Leading ASX insurance share prices

Overall, the financial services sector has been performing very…