Australian Homeowners Struggling to Afford Insurance as Climate Risks Grow: Report August 26, 2024 Home insurance is becoming unaffordable for a growing number of Australian households as increased climate threats drive up their premiums,...
Investors With Trillions Aren’t Handling Australia Climate Risks: Study May 31, 2024 By Angus Whitley Major investors in Australia aren’t responding fast enough to rising threats to infrastructure and other assets from cyclones, floods and...
Australia’s Usual Summer of Wildfires Is Now Being Soaked by Prolonged Wet Weather January 12, 2024 By Keira Wright and Ben Westcott Australians bracing for a return of scorching heat and wildfires are instead battling a prolonged deluge of rain across the...
Update: Floods Strand Cows, Damage Crops as Wild Weather Hits Australia January 9, 2024 By Keira Wright and Amy Bainbridge Heavy rains and flooding across Australia’s southern state of Victoria has damaged crops and stranded cattle as a months-long run...
Severe Storms Lash Australia’s East Coast, Killing 9 People December 27, 2023 By Amy Bainbridge Nine people have died in Australia after severe storms lashed the nation’s east coast on Christmas Day and Boxing Day,...
Many Australians Abandon Insurance as Premiums Surge on Climate Costs: ICA Head November 27, 2023 By Ben Westcott Increasing numbers of Australians are abandoning their insurance policies as premiums surge in response to climate-linked natural disasters, the head...
Australia’s Climate Risks Are Making Home Insurance Unaffordable August 14, 2023 By Swati Pandey Australian home insurance premiums jumped the most in two decades in the past year, driven by weather catastrophes and higher...
Insured Losses for Southeast Australia Floods of October 2022 Rise to A$907M: PERILS April 28, 2023 Insured losses for floods that hit Southeast Australia in October 2022 have risen to A$907 million (US$600.2 million), according to...
Natural Catastrophes Cost Insurers $125 Billion in 2022: Swiss Re March 22, 2023 By L.S. Howard Natural disasters in 2022 brought global economic losses of US$275 billion, of which insurance covered 45%, or US$125 billion, according...
Data on Natural Disaster Risks Crucial for Australia’s Climate Resilience December 5, 2022 By Harry Brumpton Public data on natural disaster risks for homeowners and businesses will be crucial for making Australia’s economy more resilient to...