Nat Cat

cyclone-alfred-not-as-severe-as-it-might-have-been-say-industry-experts-but-lessons-remain

Cyclone Alfred not as severe as it might have been, but lessons remain

March 20 2025

Industry experts weigh-in on the impact of Alfred.

Australia’s General Insurance Code of Practice review panel urges stronger action from ICA

March 19 2025

Panel welcomes ICA's Action plan but says that more decisive action can be taken to improve consumer outcomes.

insured-losses-from-ex-tropical-cyclone-alfred-estimated-at-up-to-a2-5bn

JBA estimates insurance losses from ex-Tropical Cyclone Alfred at between A$1.5bn and A$2.5bn

March 19 2025

The storm displaced thousands, left 330,000 properties without power, and prompted over 20,300 evacuations in northern New South Wales.

SEADRIF appoints Shannen Nicole Chua as Implementation and Programme Development Specialist

March 18 2025

Chua previously led disaster risk financing initiatives at the Philippines’ Bureau of the Treasury.

ica-releases-industry-action-plan-addressing-flood-inquiry-code-review

ICA releases insurance industry action plan addressing flood inquiry, code review

March 18 2025

Plan focuses on improving customer outcomes, supporting vulnerable policyholders, updating policies to prevent financial abuse, and enhancing claims handling.

Suncorp pledges A$500K for Cyclone Alfred recovery efforts

March 17 2025

Suncorp is also continuing its support in North and Far North QLD following flooding in February.

ica-opens-eoi-process-to-support-post-tc-alfred-recovery-efforts

Claims data suggests Cyclone Alfred 'not as significant as first feared': ICA

March 17 2025

Number of claims has reached over 63,000 as of Monday.

Cyclone Alfred claims exceed 50k; ICA opens up EOI to support recovery efforts

March 14 2025

ICA is working with authorities to expedite interstate and trans-Tasman worker qualifications to help in recovery efforts.

ica-reports-over-1400-claims-for-north-queensland-floods

Insurance losses hit A$164m for North Queensland floods

March 14 2025

Insurance Council of Australia reports that 7,600 claims have now been lodged.

thailands-insurance-commission-to-conduct-2025-stress-test-assessing-global-nat-cat-risks

Thailand’s insurance commission to conduct 2025 stress test assessing geopolitical, nat-cat risks

March 14 2025

Initiative aims to strengthen insurers' solvency, liquidity, and long-term financial stability.

Insurance claims from ex-Tropical Cyclone Alfred climb to over 44,000

March 13 2025

Government introduces financial aid as insurers coordinate recovery efforts post-Cyclone Alfred.

cyclone-alfred-insured-losses-expected-to-reach-hundreds-of-millions-aon

Aon projects Cyclone Alfred insurance losses of at least hundreds of millions of Aussie dollars

March 13 2025

Alfred's unusual path and slow movement result in severe flooding and record rainfall.

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