Australia's High Court ruled that wreck removal claims excluded under Australia's maritime reservations cannot be capped by reclassifying them as property damage.
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.