Market braces for Nanmadol loss creep
September 23 2022 by Marcus Alcock
MORE FROM: Windstorm
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NSW ‘black nor’easter’ storms declared significant event as claims top 11,500: ICA
- April 10
Suncorp, which received 2,700 claims, and IAG, with 3,100 claims, have said that almost 80% of the losses are coming from property damage.
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New normal of US$100bn annual nat cat losses calls for greater resilience
- April 4
The pace of the widening protection gap for natural catastrophes is increasing, and Swiss Re has urged for meaningful climate adaptation and resilience programs
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Second loss estimate for the Australia Christmas storms hits US$1 billion: Perils
- April 3
The second loss estimate is AU$152 million higher than the initial loss estimate released on February 14.
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Valentine’s Day storms’ cost estimate at US$69m, claims set to cross 20,000: ICA
- March 8
85% of claims are related to home and contents damage caused by the heavy rainfall, flooding, and strong winds experienced across the region.
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