Zurich - 03 May 2021
AUD 1,173m - PERILS releases detailed industry loss footprint for the October 2020 South East Queensland hailstorms
PERILS has today released the detailed industry loss footprint for the October 2020 South East Queensland hailstorms, which includes detailed property and motor loss data at a postcode level. The event is also known as the “South East Queensland Halloween Hailstorms”.
The industry loss figure, which covers the hailstorms which occurred on 31 October 2020, amounts to AUD 1,173m. This figure is based on detailed loss data collected from the majority of the Australian insurance market.