Perils pegs updated Tropical Cyclone Seroja loss figure at A$394m
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Perils pegs updated Tropical Cyclone Seroja loss figure at A$394m

Zurich cityscape
Quaibrucke bridge over the effluence of the Limmat river of Zurichsee in the municipality of Zurich. Composite photo | alxpin/Getty Images

Perils has pegged its updated industry loss figure for Tropical Cyclone Seroja, which hit Western Australia in April, at A$394mn ($290mn).

The figure of A$394m includes property losses, which represent 98.6% of the total industry loss, and motor, which represents 1.4%.

The

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