Industry Segments: Flooding Page 1 / 10
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- April 8 2025
South Asia flooding reveals risk of erratic monsoon patterns: WTW
Rain gauges across South Asia recorded unusually high totals last year, including in New Delhi in India, Lahore in Pakistan, Kathmandu in Nepal and Cox's Bazar in Bangladesh.
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- April 8 2025
Cyclone Alfred becomes RACQ’s largest claim event, expects to cost US$120-133m
RACQ has received close to 18,000 claims following the event last month and has paid out US$7.5m.
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- April 2 2025
Cyclone Alfred, north Queensland flood losses top US$751m
Insurers have received more than 105,000 claims following the two events at the start of 2025, according to the Insurance Council of Australia.
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- April 1 2025
Worst flooding in 50 years hits Australia’s western Queensland, over 100,000 livestock lost
State emergency services minister Dan Purdie says the area covered by water is 'double the size of Victoria'.
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- March 28 2025
With floods high on the list of perils in Asia, modeller gets its feet wet into China and Australia
JBA has announced a partnership with China’s Ping An Insurance and has also launched a new comprehensive Australian inland flood model.
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- March 25 2025
Cyclone Alfred losses estimated at US$1b: ARPC
Total cyclone pool coverage period for ex-Tropical Cyclone Alfred was close to 10 days at 237.5 hours, according to the Australian Reinsurance Pool Corporation (ARPC).
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- March 20 2025
Cyclone Alfred claims top 74,000, insurer extends pet coverage
Queensland remains the most affected area, with about 69,000 claims following the event earlier this month.
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- March 19 2025
Malaysia’s flood losses up 23.5% to US$207.5m in 2024: report
Losses, which equate to about 0.05% of the country’s nominal GDP, were mostly from home, while commercial losses were nearly flat year-on-year
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- March 18 2025
Cyclone Alfred insured losses to reach US$1.6bn, flood modeller predicts
JBA says 'previous concerns about a high number of severe wind damage claims were not realised' following the event earlier this month.
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- March 17 2025
Cyclone Alfred claims top 63,000, but event ‘not as significant as first feared’
Insurance Council of Australia also releases its Industry Action Plan, which outlines the industry’s position on the remaining recommendations from the Parliamentary Flood Inquiry and the independent review of the industry’s Code of Practice.
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- March 14 2025
Queensland flood insured losses reach US$103m
Insurers have received more than 7,600 claims following the severe weather and flooding earlier this month, according to the Insurance Council of Australia (ICA).
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- March 13 2025
Cyclone Alfred claims top 44,000, road to recovery expected to be long
Insurance Council of Australia (ICA) CEO Andrew Hall also seeks to 'push past politicking around insurers and insurance companies'.
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- March 12 2025
Cyclone Alfred payouts top US$1.5m as claims surge 50%
Economic and insured loss impacts expected to reach 'at least into the hundreds of millions', according to Aon.
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- March 11 2025
Cyclone Alfred claims ‘spike’ to over 22,000 as clean-up begins
Majority from Queensland, according to the Insurance Council of Australia, with claims from New South Wales set to increase in coming days.
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- March 9 2025
Cyclone Alfred claims top 3,000, thousands more expected in coming days
ICA declares insurance catastrophe as flash flooding, thunderstorm warnings remain with remnants of the ex-cyclone moving inland.
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- March 6 2025
Greater Jakarta floods submerge houses, malls and shut factories
Widespread damage to transportation, hospitals, commercial areas, warehouses, offices, and thousands of houses reported, according to McLarens.
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- March 5 2025
Cyclone Alfred could be US$1.25bn hit on Australian insurers: S&P Global
Cyclone could be worse than some of Australia's largest nat cats in the past 10 years.
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- March 4 2025
Brisbane on alert as Tropical Cyclone Alfred bears down ‘at a scale not seen in 35 years’
The cyclone is expected to cross the coast later this week with rainfall accumulation totals as high as 600-700mm expected in isolated areas.
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- February 26 2025
‘A big idea to confront a big problem’: Insurance Council of Australia calls for US$19bn flood defence fund
Fund is the centrepiece of the ICA's Advancing Australia’s Resilience policy document, which provides recommendations for the next federal government.
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- February 25 2025
Australia’s insurers ‘still have more to do’ after 2022 floods despite ‘significant progress’
Insurance Council of Australia report highlights the progress made in response to seven recommendations put to the industry after Australia's most costly extreme weather event.
