Motor, Nat Cat, Nat Cat events, News, Property

PERILS reports first estimate of A$1.1bn in insured losses from Australia’s late October storms

The loss figure covers property and motor hull lines of business, in line with the PERILS coverage definition for Australia and based on data collected from affected insurers.

Jessica Li

December 15, 2025

•

2 min read

Banner for 22nd SIRC: 'Capacity to Capability'—Building resilience through innovation; futuristic city skyline with a glowing highway; Nov 1–5, 2026 at Sands Expo & Convention Centre.

Unlock this insight for free

14 days of access to (Re)in Asia’s premium intelligence
Free daily briefing in your inbox each morning
No credit card required

Already have an account? Sign in →

Read next

ICA delays lodging rewritten insurance code with ASIC until late October August 3 2026
Early estimate puts Kumamoto quake insured losses at US$3bn-4.5bn, ILS impact likely limited July 30 2026
Verisk puts Kumamoto quake insured losses at US$1.4bn–2.1bn August 3 2026
Insured nat cat losses could reach US$320bn in peak 2026 scenario — Swiss Re September 7 2026
Nepal's insured flood losses mount, but protection gap leaves billions in damage uncovered September 2 2026
Low penetration to cap Nepal flood insured losses, AM Best says August 31 2026