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Potential insured losses from Tropical Cyclone “Dinah” Jan – Feb 1967 If Tropical Cyclone Dinah (1967, Cat 3) took place today, but only km further south, it would affect Brisbane, Gold Coast & Sunshine Coast. Munich Re estimated that potential insured losses would be US$8-14 billion (2006) (Source: Munich Re, Topics Geo Natural Catastrophes 2006)
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Wind Storm & Cyclones –
Cyclone activity has been predicted by the CSIRO to decrease overall by up to 44% in some areas of Australia.
However, the number of extreme cyclone events (Category 3-5) is expected to increase. That is, there will be a higher percentage of more destructive and longer living cyclone events.
Furthermore, the average decay location of cyclones is predicted to move southwards by up to 3 degrees of latitude
Potential insured losses from Tropical Cyclone “Dinah” Jan – Feb 1967
• If Tropical Cyclone Dinah (1967, Cat 3) took place today, but only 100-150km further south, it would affect Brisbane, Gold Coast & Sunshine Coast.
• Munich Re estimated that potential insured losses would be US$8-14 billion (2006)
(Source: Munich Re, Topics GeoNatural Catastrophes 2006)