Aggregated insured losses from weather-related hazard events from 2013 to 2020 were almost AUD$15 billion for Australia  and almost NZD$1 billion for New Zealand   . However, there is no trend in normalised losses because the rising insurance costs are being driven by more people living in vulnerable locations with more to lose . In New Zealand, two major hailstorms during 2014-2020 and three major floods during 2019-2021 caused significant insurance losses . Insured losses exceeded NZD$472 million for the 12 costliest floods from 2007 to 2017, of which NZD$140 million could be attributed to anthropogenic climate change . In Australia, insured damage was almost AUD$1.0 billion for the Queensland hailstorm in 2020, AUD$1.7 billion for east coast flooding in 2020, AUD$2.3 billion for the 2019-2020 fires, AUD$2.3 billion for the Queensland hailstorm in 2019, AUD$1.2 billion for the North Queensland floods in 2019, AUD$1.4 billion for the NSW hailstorm in 2018, AUD$1.8 billion for Cyclone Debbie in 2017 and AUD$1.5 billion for the Brisbane hailstorm in 2014 . The insured loss from the seven costliest hailstorms in Australia from 2014 to 2021 totalled AUD$7.6 billion .
IPCC
Climate Change 2022: Impacts, Adaptation and Vulnerability
IPCC Report