Australia's natural disasters bill hits $3.5 billion in 2022, billions more to come - Reuters
Floods and natural disasters that hit all but one Australian state and territory in 2022 cost the economy A$5 billion ($3.48 billion) and stoked inflation according to Treasury estimates...
Floods and natural disasters that hit all but one Australian state and territory in 2022 cost the economy A$5 billion ($3.48 billion) and stoked inflation according to Treasury estimates...
reuters.com /
Article / 8 months ago
Say Goodbye to the Big Wet and Excessive Losses
Australia is in the grip of a rare triple-dip La Niña and the ‘big wet’, with the associated weather becoming the “new normal”...
Australia is in the grip of a rare triple-dip La Niña and the ‘big wet’, with the associated weather becoming the “new normal”...
Report / 10 months ago
Australian floods from October 2022 seen as AU $791m industry loss
The outbreak of severe flooding that affected parts of southeastern Australia during the month of October 2022 has been estimated as a roughly AU $791...
The outbreak of severe flooding that affected parts of southeastern Australia during the month of October 2022 has been estimated as a roughly AU $791...
Article / 10 months ago
Will Summer 2022-23 Result in a Season of Tropical Cyclones and Floods for Australia?
October to April represents the peak period for extreme weather in Australia, with the risk of flooding, tropical cyclones, bushfires, and severe...
October to April represents the peak period for extreme weather in Australia, with the risk of flooding, tropical cyclones, bushfires, and severe...
Article / 10 months ago
ICA ups East Coast flood losses to A$5.56bn
The Insurance Council of Australia (ICA) has released an updated loss estimate of A$5.56bn ($3.55bn) for the severe floods which impacted southeast Queensland and northern New South Wales...
The Insurance Council of Australia (ICA) has released an updated loss estimate of A$5.56bn ($3.55bn) for the severe floods which impacted southeast Queensland and northern New South Wales...
Article / 11 months ago
Suncorp natural hazard claims costs reach $470-530 million - insuranceNEWS.com.au
Suncorp natural hazard claims costs for the first four months of the financial year have reached an estimated $470-530 million, as flooding continues to affect NSW...
Suncorp natural hazard claims costs for the first four months of the financial year have reached an estimated $470-530 million, as flooding continues to affect NSW...
insurancenews.com.au /
Article / 11 months ago
Australia's insured flood losses reach $8.8bn since 2019: ICA
Driving home the escalating costs of flooding in Australia, the Insurance Council has released data that shows the country has suffered AU $8.8...
Driving home the escalating costs of flooding in Australia, the Insurance Council has released data that shows the country has suffered AU $8.8...
Article / 11 months ago
Flood claims near $9 billion since drought broke: ICA - insuranceNEWS.com.au
Flood-related events have generated more than 569,000 insurance claims valued at $8.8 billion since drought broke in February 2020, the Insurance...
Flood-related events have generated more than 569,000 insurance claims valued at $8.8 billion since drought broke in February 2020, the Insurance...
insurancenews.com.au /
Article / 11 months ago
NSW under major flood warnings, Sydney has wettest ever year - insuranceNEWS.com.au
The Bureau of Meteorology (BOM) has warned major flooding is possible for parts of the Lower Hunter and several inland NSW rivers, while coastal catchments...
The Bureau of Meteorology (BOM) has warned major flooding is possible for parts of the Lower Hunter and several inland NSW rivers, while coastal catchments...
insurancenews.com.au /
Article / 12 months ago
NSW flooding loss tally reaches A$5.9bn: ICA
The combined insurance bill for La Niña east coast storms in 2021 and 2022 and flooding has reached A$5.92bn ($3.83bn), with more than 296,000 claims...
The combined insurance bill for La Niña east coast storms in 2021 and 2022 and flooding has reached A$5.92bn ($3.83bn), with more than 296,000 claims...
Article / 12 months ago
