PERILS provides initial industry loss of AUD 1.1bn for Australia East Coast SCS activity in late October

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Reinsurance News - Dec 15, 2025

PERILS, the Zurich-based catastrophe insurance data provider, has provided its first insurance industry loss estimate for the Australia East Coast Severe Convective Storms (SCS), which occurred in late October, of AUD 1.108 billion (USD 736m). On October 29th, the Insurance Council of Australia (ICA...

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