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Bunyip Insurance Recovery Forum

April 16

CURRENT DISASTERS

Bunyip Bushfires Victoria

CAT192

Victorian authorities confirmed 29 houses and 67 structures were destroyed in a bushfire that was sparked by lightning strikes in the Bunyip State Park in eastern Victoria.

The insurance industry declared a catastrophe on 8th March 2019, for 27 postcodes including 3139, 3678, 3712, 3713, 3722, 3723, 3737, 3779, 3781, 3782, 3783, 3797, 3799, 3810, 3812, 3813, 3814, 3815, 3816, 3818, 3820, 3821, 3822, 3823, 3824, 3825, 3831, 3832, 3833, 3856, 3857, 3858, 3859, 3860, 3862, 3869.

Current Loss: $19.6 Million

as at 20th March 2019


FNQ Monsoon Event

CAT191

Over the last week of January 2019 and the first week of February, torrential rainfalls over far North Queensland caused widespread flooding. The Insurance Council of Australia declared a catastrophe event on February 2 and commenced coordinating industry activity to assist in the recovery. The insurance industry’s declaration covers damage that occurred between 24/1/19 and 10/2/19 in 79 postcodes.

Current Loss: $1,132 Million

as at 11th April 2019


Sydney Hail storm

CAT185

On the evening of 20 December 2018, a series of severe storms brought significant hail to the greater Sydney region. The worst impacted suburb was Berowra, although most metro local government areas were impacted to some degree. Majority of claims are for motor vehicle damage, however significant property damage has also been experienced.

Total Loss: $1,189 Million

as at 14th March 2019