Cyclone Reinsurance Pool Statistics Report December 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
- Total annual cyclone pool premiums are approximately $653 million across Home, Strata and SME policies.
- The average annual cyclone pool premium is around $189 for Home, $778 for Strata, and $237 for SME risks, broadly stable over recent quarters.
- The pool supports over 3 million home properties, alongside 73,000 strata buildings and more than 100,000 small business properties.
Claims activity
As at 31 December 2025, the cyclone pool has received more than 126,000 claims, with a total net incurred value of approximately $1.4 billion.
Recent claims activity has been driven by major cyclone events, including Cyclone Alfred, highlighting the pool’s role in supporting insurers following significant disasters.
Mitigation and resilience
The cyclone pool continues to support risk reduction through premium incentives. As at 31 December 2025, $9 million in mitigation discounts has been applied to in-force premiums.
Uptake of mitigation measures are expected to increase over time as insurers enhance data collection and policyholders respond to premium changes.
Coverage insights
All properties reinsured through the cyclone pool include cyclone wind cover, with strong levels of flood cover across Home policies (around 87%) and varying levels of storm surge cover depending on location.
Premiums continue to reflect underlying risk, with higher average premiums observed in the most cyclone-exposed regions of northern Australia.