Tropical Cyclone Penny Slams North Australia Coast Near Rio Tinto Mine

Article 0 Comments Tropical Cyclone Penny slammed into the far north coast of Australia’s Queensland state near Rio Tinto Group’s Weipa bauxite mine, triggering warnings of flash flooding and damaging winds. The category 1 cyclone, with wind gusts of up to 100 kilometers per hour, is expected to weaken into […]

Final Loss Estimate for Australia’s Cyclone Debbie Is A$1.7B (US$1.3B): PERILS

Article 0 Comments The final property insurance loss estimate for Australia’s Tropical Cyclone Debbie is A$1.7 billion (US$1.3 billion), according to PERILS, the independent Zurich-based organization that provides industry-wide catastrophe insurance data. Cyclone Debbie hit the Australian states of Queensland and New South Wales from March 28, 2017 until the […]