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AAP
AAP
Grace Crivellaro

Hailstorms, cyclones prompt multibillion-dollar claims

Queensland Australia Insurance
Damage from extreme weather events in 2025 cost $3.5 billion in insured losses across Australia. (Dave Hunt/AAP PHOTOS)

Extreme weather events cost $3.5 billion in insured losses as hailstorms lashed Australia in 2025, more than five times higher than the previous year.

Five severe or catastrophic weather events prompted 264,000 insurance claims last year, data from the Insurance Council of Australia shows. 

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