Update: The Escalating Costs of Australia’s Wildfire Disaster January 3, 2020 By Edward Johnson Australia is in the grip of deadly wildfires burning across the country, triggering an emotive debate about the impact of...
Insurance Council of Australia Declares Catastrophe for New South Wales Bushfires November 12, 2019 The Insurance Council of Australia (ICA) on Nov. 9 declared a catastrophe for the bushfires blazing in northern New South...
Australia Braces for Another Week of Devastating Bushfires November 12, 2019 By Emily Cadman and Jason Scott Australia is bracing for another week of devastating bushfires, with swaths of the eastern seaboard and even areas of greater...
Insurance Council of Australia Declares Catastrophe for Queensland Floods February 4, 2019 The Insurance Council of Australia (ICA) declared a catastrophe for insurance policyholders who have been affected by torrential rain and...
New South Wales Hailstorm Triggers Australia Catastrophe Declaration December 28, 2018 The Insurance Council of Australia (ICA) last week declared a catastrophe following storms that caused extensive hail and water damage...
AIR Worldwide Launches Severe Thunderstorm Model for Australia July 24, 2017 Catastrophe risk modeling firm AIR Worldwide announced it has released a severe thunderstorm model for Australia, which captures all three...
U.S. Weather in March to Cost Insurers More than $2 Billion: Aon April 7, 2017 Four severe weather outbreaks in the U.S. throughout March led to extensive damage in the central and eastern parts of...
Insured Losses from New South Wales’ Bushfires & Hailstorms Pass US$53.7M February 22, 2017 Combined losses from the two New South Wales catastrophes of bushfires and hailstorms, have passed A$70 million (US$53.7 million), according...
NSW Bushfires to Cost Insurers at Least US$15.3M: Insurance Council February 14, 2017 The Insurance Council of Australia (ICA) has declared an insurance catastrophe for bushfires that have destroyed homes, stock and other...
Insured Losses from Australia’s Storms Rise to $41.6M June 8, 2016 The Insurance Council of Australia (ICA) has expanded the footprint of the latest insurance catastrophe to include the east coast...