Kathmandu. In 2025, extreme weather events in Australia caused about $2.5 billion ($3.5 billion) worth of insured assets to be damaged. <\/p>\n
According to new figures released by the Insurance Council of Australia, the loss is 264,000 insurance claims. On January 23, the council said in a statement that the severe hailstorms in the five weeks of October and November caused more than AU$1.4 billion in damages. Last year, the council had declared 5 incidents as serious or dangerous. <\/p>\n
Those severe or dangerous events in 2025 include North Queensland floods in February, pretropical cyclone Alfred in March, central north coastal flooding in May and two severe storm events in October and November. The costliest event of 2025 was Pretropical Cyclone Alfred. This resulted in 132,000 insurance claims and more than 1.5 billion Australian dollars in insured damage. Hailstorms sparked similar damage claims in October and November. <\/p>\n
The severe spring storms that hit south-east Queensland and northern NSW from late October to early November resulted in 35,500 insurance claims and AU$601 million in lost insurance. <\/p>\n
Later in November, more severe storms and hailstorms affected both states. As a result, 70,200 insurance claims and $814 million worth of insurance losses were lost. The combined total from the two events was AU$1.4 billion. <\/p>\n
Insurance companies expect to see more insurance claims from small local incidents not included in the council’s data. This means severe weather costs will increase in 2025. \u2013 Asia Insurance Review<\/span><\/p>\n","protected":false},"excerpt":{"rendered":" Kathmandu. In 2025, extreme weather events in Australia caused about $2.5 billion ($3.5 billion) worth of insured assets to be damaged. According to new figures released by the Insurance Council of Australia, the loss is 264,000 insurance claims. On January 23, the council said in a statement that the severe hailstorms in the five weeks […]<\/p>\n","protected":false},"author":16,"featured_media":284875,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[45044,45159],"tags":[],"class_list":["post-284877","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-international-news-en","category-news-en"],"acf":[],"_links":{"self":[{"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/284877","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/users\/16"}],"replies":[{"embeddable":true,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/comments?post=284877"}],"version-history":[{"count":1,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/284877\/revisions"}],"predecessor-version":[{"id":284878,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/284877\/revisions\/284878"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/media\/284875"}],"wp:attachment":[{"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/media?parent=284877"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/categories?post=284877"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/tags?post=284877"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}