Cyclone Reinsurance Pool Statistics Report March 2025

The cyclone pool operates Australia wide, but targets support to cyclone-prone areas and provides reinsurance for insurers operating in those areas.

Key findings from the report include that, as at 31 March 2025, the cyclone pool:

• has received 78,372 claims since inception with a total net incurred value of $657 million. The majority of claims (88%) received by the cyclone pool relate to ex-Tropical Cyclone Alfred.
• covers over 3.2 million buildings against financial loss from cyclones.
• has annual in-force cyclone pool premiums of approximately $557 million for Home properties, $55 million for Strata, and $27 million for Small to Medium Enterprise (SME) properties.
• provides annual discounts for Home properties for property level mitigation activities of $7.3 million.

The Cyclone Reinsurance Pool Statistics Report is released quarterly and provides an overview on cyclone claims activity and claims trends.