News Non-Life03 Feb 2026

Australia:PERILS raises insured loss estimate for Australia East Coast storms to around US$1bn

| 03 Feb 2026

PERILS, the independent Zurich-based organisation providing industry-wide catastrophe insurance data, has disclosed that its second industry loss estimate for the Australia East Coast Severe Convective Storms (SCS) is A$1,512m ($1,052bn).

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