PERILS estimates AU$1.4bn industry loss for Australia Christmas storms

Share!

Reinsurance News - Feb 14, 2024

Zurich-based catastrophe insurance data provider PERILS AG has disclosed its initial industry loss estimate for the Australia Christmas storms which affected the states of Victoria, New South Wales, and Queensland, pegging the total at AU$1.395 billion ($903 million). PERILS noted that this initial...

Read Full Article

Recommended Articles

Winsee Cheung named Divisional Director at Liberty Specialty Markets

Posted: Apr 08, 2026

Liberty Specialty Markets, part of Liberty Mutual Insurance Group, has appointed Winsee Cheung as Di...

Insurers eye inorganic growth to bolster top-line performance: Berenberg

Posted: Apr 08, 2026

As falling prices and rising capacity squeeze opportunities for profitable organic growth in the ins...

kWh Analytics introduces pilot programme to reward solar projects for extreme weather resilience

Posted: Apr 08, 2026

kWh Analytics, embedded within its licensed insurance subsidiary Solar Energy Insurance Services, ha...