Zurich - 27 May 2026
PERILS has today disclosed its third industry loss estimate for the severe convective storms which affected South-East Queensland and New South Wales from 21 to 27 November 2025.
In its third loss report, provided in the form of a detailed industry loss footprint, PERILS estimates that the event has cost the insurance industry a total of AUD 2,943 million. This figure is based on loss data collected from affected insurers and covers the property and motor hull lines of business.