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SE 242: Severe Weather NSW & QLD

Claims count

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19.2

Thousand

Claims incurred

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259

MILLION

Outstanding

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201

MILLION

Closed rate

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18.4

PERCENT

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SE 241: Valentine's Day Storms Victoria

Claims count

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26.7

Thousand

Claims incurred

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206

MILLION

Outstanding

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116

MILLION

Closed rate

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65.1

PERCENT

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Catastrophe 233: Christmas and New Year Storms

Claims count

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98.8

Thousand

Claims incurred

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1.3

BILLION

Outstanding

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690

MILLION

Closed rate

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59.5

PERCENT

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Catastrophe 232: Tropical Cyclone Jasper

Claims count

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9.8

Thousand

Claims incurred

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354

MILLION

Outstanding

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199

MILLION

Closed rate

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50.6

PERCENT

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SE 231: Newcastle Hailstorm

Claims count

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26.8

Thousand

Claims incurred

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345

MILLION

Outstanding

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44

MILLION

Closed rate

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92

PERCENT

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SE 225: SA River Murray Floods

Claims count

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2.6

Thousand

Claims incurred

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440

MILLION

Outstanding

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22

MILLION

Closed rate

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92.7

PERCENT

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SE 224: Central West NSW Floods

Claims count

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14.8

Thousand

Claims incurred

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256

MILLION

Outstanding

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19

MILLION

Closed rate

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97

PERCENT

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Catastrophe 223: Victorian, NSW and Tasmanian floods

Claims count

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22.8

Thousand

Claims incurred

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844

MILLION

Outstanding

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82

MILLION

Closed rate

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94.5

PERCENT

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SE 222: NSW Severe Weather

Claims count

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23.5

Thousand

Claims incurred

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295

MILLION

Outstanding

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12

MILLION

Closed rate

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98.5

PERCENT

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Catastrophe 221: SE Queensland and NSW Floods

Claims count

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244

Thousand

Claims incurred

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6.3

BILLION

Outstanding

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345

MILLION

Closed rate

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97.9

PERCENT

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* As at May 2024

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The data is a summary of information provided by ICA members to the ICA on insured catastrophe events.  The ICA makes no representation or warranty as to the adequacy, accuracy, reliability, currency or completeness of the information made available.  The information shared should not be used as the basis for any decision without prior professional advice and careful contextual analysis. The ICA is not liable for damages arising from any decisions that third parties may take on the basis of this information.

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