Gross loss ratio of fire and ISR insurance in Australia 2017-2023

Published by Statista Research Department, Feb 7, 2024
As of June 2023, the gross loss ratio of fire and industrial special risk (ISR) insurance in Australia reached 21.66 percent, which was a reduction compared to the previous year in which the loss ratio was 66.63 percent.

Gross loss ratio of fire and industrial special risk (ISR) insurance in Australia from 2017 to 2023

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Source

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Release date

September 2023

Region

Australia

Survey time period

years ending June 2017 to June 2023

Supplementary notes

According to the source, gross loss ratio is net of non-reinsurance recoveries.

*Values from the first quarter (March) for these years.

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