Cyclone Alfred struck the east coast of Australia late Friday, unleashing strong winds, rough surf and dangerous rip currents along popular beaches over the weekend. An estimated 10 to 15 inches fell around Brisbane and on Moreton Island during the storm.
Tropical cyclone Alfred is a reminder that powerful storms have the power to show up in some surprising places.
Tropical cyclone Garance made landfall on the French Indian Ocean territory of Réunion on Friday, packing gusts of 166 kilometers (103 miles) per hour.
Treacherous beaches, fallen powerlines and infectious, debris-riddled floodwater are among some of the hazards being identified as the recovery from ex-Tropical Cyclone Alfred gets underway.
Tropical Cyclone Alfred is expected to make landfall in Brisbane on late Friday or early Saturday, causing several ships from Carnival, Royal Caribbean and others to stay far from the area until the storm passes.
Suncorp led the sector’s gains, climbing 3.1% to $19.31—its largest intraday increase since Feb. 20. Insurance Australia Group ( IAG ), which owns CGU and SGIO, rose 1.3%, while QBE gained 1.2% during trade.
Significant damage and power outages are possible in the densely populated region of Queensland, where tropical cyclones impacts are not uncommon but direct landfalls are.
IAG, which owns NRMA Insurance, CGU, WFI and ROLLiN’, had received around 400 claims by the morning of March 9, rising to 960 by March 10. Most claims are from NRMA Insurance customers for property damage caused by extreme winds, fallen trees and heavy rain.