Perils lowers final loss estimate for 2021 floods by 8% to A$688mn
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Perils lowers final loss estimate for 2021 floods by 8% to A$688mn

Luke Harrison
24 March 2022
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Loss aggregation firm Perils has disclosed its fourth and final industry loss estimate of A$688mn ($515mn) for March 2021 floods in Australia, lowering the figure by 8% from its previous release.

The floods occurred in New South Wales (NSW) and Queensland floods during the period of 18-24 March 2021.

This compares to the third loss estimate of A$751mn, which was issued by Perils on 24 September 2021, six months after the...

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Luke Harrison
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