Most ratings endure severe climate losses, weaker diversification raises strain
Roxanne Libatique May 08, 2026Severe Tropical Cyclone Narelle's sweep across northern Australia handed the market a case study in alternative insurance options
BOM issues severe weather alerts for heavy rain, damaging winds
Insurers see over $1 billion in cyclone‑related claims
PERILS has set insured losses from the east coast storms that helped drive Australia's 2025 extreme weather bill up by more than 700% on 2024
Foundation sees cultural land care supporting safer, more connected communities
ICA details four-step plan for most exposed communities
Program follows hard market, keeps underlying margin range unchanged
Survey maps mental strain, relocations, and financial adjustments nationwide
A broker playbook for spotting water exposures