Declared Catastrophe's in 2018

Tasmania Inundation

Tasmanian Storms May 10

On the night of May 10, 2018, heavy rainfall brought significant storm water inundation and limited flooding to the Hobart region and surrounds. Hobart experienced in excess of 130mm of rainfall in 24 hours. The suburbs worst affected were Kingston, Sandy Bay, and Blackmans Bay.

While much of the inundation was from storm water runoff, the Hobart Rivulet is understood to have breached in two locations, potentially causing flooding to low lying commercial addresses.

In response to impact on the community, the Insurance Council declared a catastrophe which enacted the industry's catastrophe taskforce arrangements. Disaster response experts were immediately deployed to the region to assist homeowners and local government. Insurance experts also held a number of insurance forums to provide claims assistance to policyholders.


Worst affected regions

Hobart

 

Kingston Beach

 

Claim statistics

as at July 12, 2018

Total Insured Loss: $93.4 Million

If using this data, please attribute the Insurance Council of Australia

Claims lodged: 8,248

Domestic: 7,954

Commercial: 739

 
March Fires (NSW/VIC)

March Fires in NSW/VIC

On March 18, 2018 a bushfire began near Reedy Swamp and rapidly moved East towards Tathra, NSW. By late afternoon, the fire had begun directly impacting homes on the Western fringe of the town. In total, 69 homes and 30 caravans were destroyed. A further 39 homes were damaged.

Over the same weekend, several fires affected properties in Victoria. The worst affected communities were those of Terang, Warrnambool and surrounds.

On 19 March, the ICA declared a catastrophe for the fires in NSW and VIC. Disaster recovery specialists were deployed to the affected regions to manage the insurance recovery, liaise with government and assist the community.

 

Claim statistics

as at May 16, 2018

Total Insured Loss: $82.5 million

If using this data, please attribute the Insurance Council of Australia

Domestic claims: 751

Commercial claims: 281

 
Nth Qld Inundation

North Qld Inundation

The Insurance Council declared a catastrophe for areas of North Queensland affected by heavy rainfall and flooding between March 5 and March 12, 2018.  The worst affected regions were Ingham, Cordelia and Innisfail.

Only a relatively low number of properties experienced overfloor flooding. Approximately 525 claims were lodged throughout the region.