Zurich - 31 Oct 2022
AUD 972m - PERILS releases fourth and final industry loss estimate for October 2021 Southern Australia Severe Storms
PERILS has today disclosed its fourth and final industry loss estimate for the Southern Australia Severe Storms which occurred during the period of 28 to 30 October 2021.
In line with the PERILS event definition, the loss number covers the property and motor lines of business. The estimate is based on loss data collected from the majority of the Australian insurance market.