AIR+18 Mar 2026

Australia:Cyclone Alfred insured losses finalised at US$1.33bn, highest since Cyclone Debbie in March 2017

| 18 Mar 2026

PERILS, the independent Zurich-based organisation providing industry-wide catastrophe insurance data, has released its fourth and final industry loss estimate for Cyclone Alfred that indicated that the event has cost the insurance industry a total of A$1,877m ($1,333m).

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