Australia has had a 5 natural catastrophes declared since December 21 in just over 6 weeks which according the the Insurance Council of Australia is a record. They are the flooding that affected QLD’s coal-producing region around Rockhampton the Toowoomba flash fllod the Ipswich-Brisbane flood the Victorian floods and Cyclone Yasi.
The Insurance Council of Australia is responsible for declaring an individual event a catastrophe based on the need to set up specific collaboration with emergency authorities and governments.