Claims and losses

PERILS lowers final industry loss estimate for Cyclone Alfred at A$1.877bn

March 13 2026

The final loss estimate is 2.3% lower from PERILS’ third estimate of A$1.922bn six months after the event.

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Australian insurers issue safety alerts as NT's Katherine floods trigger emergency responses

March 11 2026

Industry, Insurance Council of Australia, have posted reminders and advisories for clients and affected policyholders.

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PERILS lifts loss estimate for November Queensland–NSW storms to A$2.95bn

February 27 2026

The second industry loss estimate reflects updated figures after hail up to 5.5 inches hit the region in late November.

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PERILS pegs initial insurance loss from January's Victoria bushfires at A$786m

February 26 2026

The January bushfires burned about 400,000 ha of rural land.

Suncorp weathers A$1.3bn in cat losses as margins hold near target in 1H26

February 18 2026

Weighed by elevated natural hazard costs, the Australian insurer's net profit after tax slumps to A$263m.

85% of Wang Fuk Court insurance claims settled — IA

February 3 2026

Payouts for settled claims have reached nearly HK$510m, according to the Insurance Authority.

perils-lifts-australia-east-coast-storm-insured-loss-estimate-to-a1-512bn

PERILS lifts Australia east-coast storm insured loss estimate to over A$1.5bn

February 2 2026

Estimate rises from the December 2025 initial estimate of A$1.1bn.

2025 insured loss dip masks rising APAC catastrophe complexity — Willis

January 30 2026

Clustered events in the Philippines and Southeast Asia highlighted rising claims complexity and the region’s widening protection gap.

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Australia’s 5 largest natural catastrophes lead to A$3.5bn in insured losses in 2025 — ICA

January 23 2026

Of the five biggest cats, Alfred took the lion's share.

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APAC’s 2025 economic, insured losses below decade averages despite Myanmar quake, China floods — Gallagher Re

January 21 2026

The region recorded about US$87bn in economic losses, 24% below the 10-year average, and about US$10bn in insured losses, 36% below.

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Local mutuals won’t fix flood premiums without national risk pool — ICA chief

January 20 2026

Responding to Queensland's proposal for a mutual insurer, Andrew Hall says a national flood risk pooling scheme and large-scale mitigation investment are needed to fix Australia's insurance affordability...

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January's Victoria bushfires to drive hundreds of millions of USD in economic losses — Aon

January 16 2026

The bushfires have had a significant agricultural impact and have been classified as an 'insurance catastrophe' by the Insurance Council of Australia.

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