Australian summer insured cat losses reach $1.2bn: ICA

Share!

Reinsurance News - Mar 04, 2024

The Insurance Council of Australia (ICA) has revealed that losses from declared insurance catastrophes over the summer have now reached $1.2 billion. According to the ICA, the two major events in this period were Ex-Tropical Cyclone Jasper, which impacted regions from Cape York Peninsula to Townsvil...

Read Full Article

Recommended Articles

Critical cloud outage risk remains significant despite decline in occurrence: Parametrix

Posted: Apr 07, 2026

Parametrix, a provider of digital business interruption solutions, has disclosed in a new whitepaper...

ICG hires Luke Schlafly as Global Head of Insurance Client Solutions

Posted: Apr 07, 2026

ICG, an alternative asset manager specialist, has appointed Luke Schlafly as Global Head of Insuranc...

Old Republic establishes new specialised property insurer, led by Everest’s Hagerty

Posted: Apr 07, 2026

Old Republic International Corporation, a specialty insurer operating in property & casualty and...