The Insurance Council of Australia have released updated details of the total number and value of claims for catastrophes during 2011. Excluding the Melbourne Christmas Day Storms, they are as follows:

Queensland Floods                58,463 claims      $2.4Billion

Cyclone Yasi                         72,203 Claims      $1.33Billion

Perth Bushfires                     410 Claims           $35 Million

Victorian Floods                    7,952 Claims        $122 Million

Victorian Severe Storms        49,396 Claims       $412.3 Million

Margaret River Bushfires       392 Claims           $52.3 Million

This represents 188,816 claims for natural disasters in 2011 totalling more than $4.35 Billion AUD. The insurance industry has been vital to these communities in helping them recover after these disasters.

The ICA report can be viewed here:

Insurance Council of Australia