Nat Cat events

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.

insurance-council-declares-significant-events-for-nt-and-queensland-floods

ICA declares Significant Events for Northern Territory and Queensland floods

March 12 2026

The industry has not yet estimated the insurance damage bill from the flood events.

australia-insurers-issue-safety-alerts-as-northern-territory-floods-trigger-emergency-responses

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.

perils-lifts-loss-estimate-for-queenslandnsw-november-storms-to-a2-95bn

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.

perils-pegs-initial-insurance-loss-from-victoria-bushfires-in-january-at-a786m

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.

IAG’s first-half perils breach allowance after QLD storms hit RACQ

February 13 2026

Insurance profit fell to A$724m, from A$957m last year, but IAG maintained its FY26 profit guidance.

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.

Victorian bushfires insured losses top A$200m as claims mount

January 28 2026

Insurers have received 3,123 claims from the Victoria bushfires, with more expected as residents return to affected areas.

five-largest-nat-cats-result-in-a3-5bn-in-insured-losses-in-2025-ica

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.

apac-2025-nat-cat-losses-below-decade-average-despite-myanmar-quake-china-floods-gallagher-re

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.

victoria-bushfires-lifted-to-insurance-catastrophe-as-claims-near-2400

ICA raises status of Victoria bushfires to 'Insurance Catastrophe' as claims near 2,400

January 16 2026

The council maintains estimates that 30% of property claims are total losses, while noting that commercial losses are also expected to be significant.

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