Perils
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Overall losses during the bushfire season total a record A$1.9bn. -
The 2018 event cost insurers A$798mn, but storms and bushfires over the past month are not yet costly enough to be tracked by the agency.
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The aggregator will provide loss data from earthquakes, floods and extratropical cyclones.
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The loss tracking agency's data has been used on $17bn of reinsurance limit in its 10 year history.
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Takashi Goda was head of Japan for Swiss Re until 2014.
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Impact Forecasting said the rare tornado damaged more than 300 properties.
Most Recent
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GIE Gareat’s terrorism bond prices near top end of guidance at 5.25%
22 November 2024 -
American Coastal targets $100mn of Florida named storm coverage
22 November 2024 -
Allstate pegs October cat losses at $226mn post-tax
21 November 2024 -
Plenum’s Dynamic Cat Bond Fund reaches $200mn in AuM
20 November 2024