Loss Announcement:

Zurich - 19 Oct 2020

AUD 604m - PERILS releases detailed industry loss footprint for the April 2020 Central Queensland hailstorms

PERILS has today released the industry loss footprint for the April 2020 Central Queensland hailstorms, which includes detailed property and motor loss data at a postcode level.

The industry loss figure, which covers the hailstorms which occurred on 19 April 2020, amounts to AUD 604m. This figure is based on detailed loss data collected from the majority of the Australian insurance market.