Zurich - 13 May 2020
PERILS informs about loss reporting for the February 2020 Australian East Coast Low event
Due to the current challenges faced by the industry regarding the Corona Virus pandemic, PERILS has not carried out a 2nd round of data collection for the February 2020 Australian East Coast Low event which occurred between 5 to 13 February 2020 and mainly affected the Australian east coast states of New South Wales and Queensland. PERILS will issue its next loss estimate for this event by 13 August 2020 with loss data in full resolution, i.e. by CRESTA zones and by property lines of business.