The Insurance Council of Australia (ICA) declared a catastrophe for insurance policyholders who have been affected by torrential rain and...
Australia floods News
Australia sweltered through its hottest month on record in January and the summer of extremes continued with wildfires razing the...
The final property insurance loss estimate for Australia’s Tropical Cyclone Debbie is A$1.7 billion (US$1.3 billion), according to PERILS, the...
The property insurance market’s loss for tropical cyclone Debbie has risen to A$1.7 billion (US$1.34 billion), according to PERILS, the...
The estimate for the property insurance market’s loss for tropical cyclone Debbie has risen to A$1.4 billion (US$1.1 billion) from...
The initial estimate of insured property market losses for Cyclone Debbie is A$1.12 billion (US$825.7 million), according to PERILS, the...
Cyclone Debbie cost Swiss Re an estimated $350 million and the insurance industry roughly $1.3 billion, the world’s second-biggest reinsurer...
Damage to rail lines in cyclone-hit northeast Australia is set to disrupt exports of the steel-making material from the world’s...
Guy Carpenter & Company, LLC, the leading global risk and reinsurance specialist and member of Marsh & McLennan Companies, 2013...
According to catastrophe modeling firm AIR Worldwide, the flooding that has hit parts of eastern Australia has forced the evacuation...