Zurich - 12 Mar 2026
AUD 1,877m - PERILS releases final industry loss footprint for Cyclone Alfred
PERILS has today disclosed its fourth and final industry loss estimate for Cyclone Alfred which affected the Southeast Queensland and Northeast New South Wales regions of Australia from 28 February to 12 March 2025.
In its final loss report, provided in the form of an industry loss footprint at post code resolution, PERILS estimates that the event has cost the insurance industry a total of AUD 1,877 million. This figure covers the property and motor hull lines of business and is based on detailed loss data collected from affected insurers which are subsequently grossed-up to 100% market (“PERILS CORE”).