cyclone yasi

Insured losses from Cyclone Yasi could rise to as much as $1.5 billion according to AIR Worldwide’s initial estimate. Cyclone Yasi struck Queensland, Australia on Wednesday 2nd Feb bringing 300km/h winds and storm surge along the coastline. This loss on top of the expected losses from the flooding suffered in Queensland at the end of […]

Cyclone Yasi bore down on the Queensland, Australia coast yesterday and battered the coastal towns of Tully, Mission Beach and Cardwell where hundreds of homes have been destroyed. Cairns and Townsville, the nearest larger population centres, were left largely unscathed thanks to a change in the cyclones track as Yasi made a slight turn before […]

Insured losses from natural catastrophes in Queensland, Australia look set to jump following the landfall of Cyclone Yasi today on the coast. The storm, one of the strongest ever to approach the coast in that part of Queensland, made landfall carrying winds of up to 300km/h and was forecast to bring inches of rainfall to […]