PERILS ups industry loss estimate for Queensland & New South Wales storms to AUD 2.95bn

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Reinsurance News - Feb 27, 2026

PERILS, the Zurich-based catastrophe insurance data provider, has increased its insurance industry loss estimate for the Queensland and New South Wales Severe Convective Storms (SCS) that occurred 21 to 27 November 2025, to AUD 2.95 billion. This second estimate compares to the initial loss estimate...

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