Cyclone Reinsurance Pool Statistics Report June 2025
The cyclone pool operates Australia wide, but targets support to cyclone-prone areas and provides reinsurance for insurers operating in those areas.
The Cyclone Reinsurance Pool Statistics Report is released quarterly and provides an overview on cyclone claims activity and claims trends.
Key findings from the latest report show that, for the quarter ending 30 June 2025, the cyclone pool:
- received 111,860 claims, with a total net incurred value (in nominal terms) of $1.12 billion. The majority of claims reported to the cyclone pool were attributed to Tropical Cyclone Alfred.
- covers over 3.2 million buildings against financial loss from cyclones.
- has annual in-force cyclone pool premiums of approximately $563 million for Home properties, $56 million for Strata, and $25 million for Small to Medium Enterprise (SME) properties.
- provides annual discounts for Home properties for property level mitigation activities of $8.2 million.