Australia sees 25% decrease in nat cat insured losses in 2024-25: ICA
Reinsurance News - Oct 07, 2025
Over the 12 months to 30 June 2025, Australia saw a 25% decrease in total insurance losses from natural catastrophe events, falling from $2.61 billion in 2023–24 to $1.97 billion in 2024–25, according to the Insurance Council of Australia (ICA). Data from the ICA’s latest report shows a notable redu...
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