Emerging risks | Growth Opportunities | APAC Insurance

Sunday, November 8, 2026

Claims and losses, Market report, Motor, Nat Cat, Nat Cat events, Non-life, Property

PERILS second industry loss estimate for Australia’s Christmas Storms rises to AUD1.547bn

AU$1.547bn (US$1bn) figure is an increase from PERILS's initial AU$1.395bn loss estimate, reported on Feb 14.

By

Editorial team

April 3, 2024

•

2 min read

(Re)in AsiaSIRC 2026 Hub

(Re)in AsiaSIRC 2026HubExplore the hub →

Unlock this insight for free

Register for a free 14-day trial to read the full insight.

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 →

(Re)in AsiaSIRC 2026 Hub

(Re)in AsiaSIRC 2026HubExplore the hub →

Read next

PERILS closes out Australian east coast storm loss at A$1.62bn November 3 2026
South Korea motor insurers' loss ratio rises to 84.7% through August September 22 2026
GIC Re cuts Q1 underwriting loss as gross premium rises to US$1.41bn August 14 2026
FM maintains 10% resilience credit for second year October 28 2026
Pacific Life Re closes second Japan structured reinsurance deal of 2026 October 13 2026
Second ACCC rejection sends IAG's RAC Insurance bid to public benefit test September 23 2026