Narelle 2, Fina, and Koji were the season’s largest declared events by estimated ultimate loss, with ARPC citing complex, geographically dispersed impacts.
The Australia‑listed insurer’s Q1 trading update highlighted solid premium momentum alongside net catastrophe claims exceeding half of its first‑half allowance.
The ratings agency affirmed the insurer's A- (Excellent) Financial Strength Rating and “a-” (Excellent) Long-Term Issuer Credit Rating, with a stable outlook.
The updated figure is built from high-resolution postcode loss data across property and motor hull lines, and includes maximum estimated hail size at postcode level.
