Australian weather losses YTD hit A$1.5bn
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Australian weather losses YTD hit A$1.5bn

Tropical Cyclone Alfred and Queensland flooding brought thousands of claims.

By Rachel Dalton
May 12, 2025
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Stunning wide angle aerial drone view of the Sydney Harbour with the Opera House, a cruise ship and many skyscrapers in the background. Taken near the suburb of Kirribilli. New South Wales, Australia.

Insured losses from extreme weather events in Australia have reached A$1.5bn ($970mn) so far this year, according to the Insurance Council of Australia (ICA).

The

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Topics

Claims and losses News Australasia Insurers
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