Perils lowers final loss estimate for 2021 floods by 8% to A$688mn
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Free Trial
  • Log in

Perils lowers final loss estimate for 2021 floods by 8% to A$688mn

Luke Harrison
24 March 2022
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
perils_logo_zurich_switzerland_2023.png

Loss aggregation firm Perils has disclosed its fourth and final industry loss estimate of A$688mn ($515mn) for March 2021 floods in Australia, lowering the figure by 8% from its previous release.

The floods occurred in New South Wales (NSW) and Queensland floods during the period of 18-24 March 2021.

This compares to the third loss estimate of A$751mn, which was issued by Perils on 24 September 2021, six months after the...

Request a free trial:

Fuel a smarter strategy with our actionable market intelligence

    • Gain a competitive edge and accelerate decision-making
    • Be empowered by insights that transform confusion to clarity
    • Uncover growth opportunities and prepare for potential threats
Request a free trial Already a subscriber? Login now

Topics

PerilsClaims and lossesNews
LH
Luke Harrison
Gift this article