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Summer catastrophes top $1 billion

Claims from last summer’s catastrophes have reached $1.15 billion, according to figures from the Insurance Council of Australia.

The number of claims rose to 106,245 by April 1, up from 91,128 a month earlier.

Insured losses from bushfires at Coonabarabran in NSW almost tripled to $35 million from $12 million in March. There were 1500 claims, unchanged from the earlier figure.

Storms and flooding in Queensland have caused $908 million in insured losses and 83,449 claims, up from $742 million and 70,693.

NSW storms and flooding have led to $122 million in insured losses and 19,511 claims, up from $101 million and 17,150 reported in March.

Bushfires in Tasmania caused $88.1 million in insured losses, up $1 million. There were 1785 claims, steady from the previous update.

Last week the Climate Commission released a report saying climate change is increasing the frequency and intensity of extreme weather events in Australia.