If the November storms also drew down and that's before the recent weather - November storms bill tops $2.6 billion: Perils - Insurance News - insuranceNEWS.com.au

“While there are differing views on whether there is an increase in the frequency of Australian multibillion-dollar severe convective storm events, to provide some factual context, on a normalised as-if-today basis, Australia has already experienced five SCS events with industry losses exceeding $1 billion in the current decade, compared with three in the previous decade, none between 2000 and 2009, and two between 1990 and 1999