This web site needs javascript enabled to work properly. Please enable it to use the full functionality of the web site. Thank You!

Best's News

ICA Raises Early 2022 Flood Loss Estimate in Australia to $3.61 Billion

Australian carriers have incurred an estimated A$5.13 billion ($3.61 billion) in insured losses from catastrophic flooding in February and March, making it the second-costliest extreme weather . . .

-- This content requires registration --

Already registered?

Not registered?

Register for free

Losses Australia Claims Climate Floods

Reprints & Redistribution

Latest News

BEST'S CREDIT RATING ACTION
AM Best Withdraws Credit Ratings of Element Insurance Company
Jan 07, 2026 04:46 PM (EST)

CALIFORNIA
California Post-Disaster Bill Requires Expanded ALE Limits, Upfront Payments for Total Losses
Jan 07, 2026 04:13 PM (EST)

CONFERENCES
Weekly Calendar: AM Best Hosts Three Analytical Briefings
Jan 07, 2026 03:43 PM (EST)

GEORGIA
Georgia State Senator Vying for Insurance Commissioner Position
Jan 07, 2026 03:28 PM (EST)

MANAGING GENERAL AGENT
Blenheim Partnerships Launches Specialty Trade MGA
Jan 07, 2026 03:18 PM (EST)

More from Best’s News

Trending

1

HOMEOWNERS INSURANCE
Through Fire, Wind and Rain, IBHS Tests Top Thinkers to Assess Dwelling Risks
Dec 31, 2025 03:34 PM (EST)

2

SPECIAL REPORT
Best’s Special Report: Lower U.S. Property/Casualty Insurer Expenses Boost Segment’s Underwriting Results
Jan 06, 2026 08:35 AM (EST)

3

MERGERS AND ACQUISITIONS
Jackson Financial in Partnership With Asset Management Firm TPG, Including Equity Stake
Jan 06, 2026 12:46 PM (EST)

4

REHABILITATION
PHL Rehabilitator: Pure Rehab Plan Unfeasible, Liquidation Unavoidable
Jan 06, 2026 02:55 PM (EST)

5

PEOPLE IN INSURANCE
Cyber Insurtech Cowbell Appoints CFO to Steer Next Phase of Strategic Growth
Jan 07, 2026 01:08 PM (EST)

1

BROKERS
Howden Now Facing Poaching Claims From Brown & Brown
Dec 30, 2025 03:13 PM (EST)

2

HOMEOWNERS INSURANCE
Through Fire, Wind and Rain, IBHS Tests Top Thinkers to Assess Dwelling Risks
Dec 31, 2025 03:34 PM (EST)

3

RENEWAL
Brokers: Jan. 1 Renewals Reveal Rate Softening
Dec 29, 2025 12:10 PM (EST)

4

PEOPLE IN INSURANCE
Retiring Berkshire Hathaway CEO Buffett Started Industry Behemoth With $8.6 Million Deal
Dec 31, 2025 09:51 AM (EST)

5

FORECASTS
Conning Director Forecasts Strong but Slowing P/C Growth as Cat Losses, Inflation Shape Outlook
Dec 31, 2025 04:38 PM (EST)

1

SPECIAL REPORT
Best’s Special Report: U.S. Property/Casualty Industry Sees Significantly Improved Underwriting Gain in First Nine Months of 2025
Dec 12, 2025 08:38 AM (EST)

2

COSTS
Chubb May Cut Workforce by 20% in Digitization Drive
Dec 11, 2025 04:02 PM (EST)

3

RENEWAL
Brokers: Jan. 1 Renewals Reveal Rate Softening
Dec 29, 2025 12:10 PM (EST)

4

ANNUITIES
LIMRA: Retail Annuity Sales in Third Quarter Broke $120 Billion Mark for First Time
Dec 09, 2025 12:31 PM (EST)

5

BROKERS
Howden Now Facing Poaching Claims From Brown & Brown
Dec 30, 2025 03:13 PM (EST)

1

SPECIAL REPORT
Best’s Special Report: U.S. Property/Casualty Industry Sees Significantly Improved Underwriting Gain in First Nine Months of 2025
Dec 12, 2025 08:38 AM (EST)

2

BEST'S CREDIT RATING ACTION
AM Best Downgrades Credit Ratings of State Farm Mutual Automobile Insurance Company and Affiliates, Takes Various Credit Rating Actions on Subsidiaries
Nov 14, 2025 03:17 PM (EST)

3

EARNINGS
Allstate CEO Touts New AI Agent System to Lower Costs
Nov 06, 2025 01:27 PM (EST)

4

EARNINGS
State Farm Swings to $5.3 Billion Annual Net Income as Underwriting Losses Narrow
Feb 28, 2025 04:10 PM (EST)

5

LIFE INSURANCE
Update: New York Life, Other Mutual Life Insurers See Value in Boosting 2025 Dividends
Feb 14, 2025 10:09 AM (EST)

AM Best TV

To Submit News go to - https://www.ambest.com/bestweek/submitnews.html