Natural Catastrophe·Monitoring
Indonesia Issues Tsunami Warning for Northeast Coastal Areas
🇮🇩 Northeast coastal areas of Indonesia· Country8 Jun
7 reportsPROPMHMC+2
LowAI Refreshed
ClosedLow impactAI Generated
PERILS Updates Queensland/NSW Severe Convective Storm Loss to AU$2.943bn
Occurred 1 Nov 2025·Detected 27 May 2026·
🇦🇺 South East Queensland (Brisbane area) and New South Wales (Sydney), Australia's east coast2 reportsEnded 27 May 2026
Natural CatastrophePropertyMarine CargoEnergyReinsurance
PERILS has issued its third industry loss estimate for the severe convective storms that struck Queensland and New South Wales between 21-27 November 2025, slightly reducing the total to AU$2.943 billion. The estimate is based on data from impacted insurers covering property and motor hull lines. Personal lines property accounts for 67% of losses, commercial property 21%, and motor 12%, with Queensland representing 91% of the total industry loss.
AI-generated from linked source reports. See our correction policy.
Impact verdict
Low impact. LOW: Downgraded by deterministic London Market impact gate. The source does not evidence a concrete London Market loss pathway such as named insured asset damage, port/waterway/airspace closure, vessel/cargo loss, sanctions asset action, claims/loss estimate, or market pricing impact.
View assessment methodologyHow we grade what we know -- Known · Reported · Uncertain. Methodology →
Intelligence ledger
Each line expands in place to its underlying sourced claim.
Known8 lines
PERILS third estimate: AU$2.943 billion industry insured loss▾
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No separate sourced-claim record is available for this line yet.
Event period: 21-27 November 2025, Queensland and New South Wales▾
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Personal lines property: 67% of total loss▾
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Commercial lines property: 21% of total loss▾
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No separate sourced-claim record is available for this line yet.
Motor hull: 12% of total loss▾
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No separate sourced-claim record is available for this line yet.
Queensland: 91% of total industry loss; New South Wales: 8%▾
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Hailstones up to 14cm diameter recorded on 24 November in South East Queensland▾
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Final estimate due 27 November 2026 (12 months after event end)▾
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Reported3 lines
Initial January estimate was AU$2.663 billion▾
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No separate sourced-claim record is available for this line yet.
Second estimate in late February lifted total ~11% to AU$2.95 billion▾
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Third estimate represents slight decrease from second estimate▾
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Uncertain3 lines
Individual insurer or syndicate-level loss breakdown not disclosed▾
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No separate sourced-claim record is available for this line yet.
Reinsurance recovery amounts and attachment point impacts not specified▾
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No separate sourced-claim record is available for this line yet.
Whether catastrophe bonds or ILS structures are triggered at this loss level▾
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No separate sourced-claim record is available for this line yet.
Affected countries
🇦🇺 Australia
Timeline
Status Change2 Jun 2026, 13:05
Lifecycle changed
monitoring → closed
Closure2 Jun 2026, 13:05
Event Closed
auto_closed_monitoring_timeout
Status Change27 May 2026, 18:30
Status changed to monitoring
Auto-transitioned: no updates for 6 hours
active → monitoring
Status Change27 May 2026, 12:08
Status changed to active
Auto-promoted: 3+ sources
developing → active
Corroboration27 May 2026, 12:08
Perils has updated its industry loss estimate for the November 2025 severe convective storms affecting Queensland and New South Wales to A$2.94 billion (approximately USD $2.10 billion), slightly lowering its prior estimate. This is a significant insured loss event for the Australian market with direct implications for property, reinsurance, and catastrophe bond books. The revised estimate provides clearer reserving guidance for syndicates and reinsurers with Australian catastrophe exposure.
Source: The Insurer (Trade Media) · View source
Status Change27 May 2026, 10:55
Lifecycle changed
signal → developing
Initial Detection27 May 2026, 10:48
Initial Detection
PERILS has issued its third industry loss estimate for the severe convective storms that struck Queensland and New South Wales between 21-27 November 2025, slightly reducing the total to AU$2.943 billion. The estimate is based on data from impacted insurers covering property and motor hull lines. Personal lines property accounts for 67% of losses, commercial property 21%, and motor 12%, with Queensland representing 91% of the total industry loss.
Industry losses are quite stable compared to the second loss report released three months after the event. Despite exceptionally large hail, motor claims accounted for a lower-than-usual share at 12% of total industry losses—well below what we would typically observe. Instead, storm damage largely impacted residential properties and to a lesser extent commercial properties.
Source: Artemis.bm (Trade Media) · View source
Lloyd's classifications
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