Sedgwick Reports on Australia's 2025–26 Catastrophe Season Losses

Sedgwick released a report covering the 2025–26 catastrophe season in Australia, noting that five major events generated over $3.8 billion in insured losses and more than 144,000 claims across the industry. The Insurance Council of Australia reported seven declared events resulted in $3.98 billion in insured losses and 147,552 claims. The costliest event was the November 2025 Queensland and New South Wales storm and hail catastrophe, which totaled $2.2 billion across 95,692 claims.

The report provides detailed figures on the financial impact of major weather and non-weather events, such as the Bondi attack and the Middle East conflict, on the Australian insurance market. These figures reinforce the need for early preparation and rapid adaptation in managing large-scale risk events.