Property Syndicate
The table below provides an indication of the types of data collected and reported on to members of the ISA Property Syndicate as at June 2007. The figures represent 12 monthly rolling averages for Australia as a whole.
| Claim type | Burning Cost¹ | Claim Frequency per $100m ² |
|---|---|---|
| Accident | 0.001 | 0.58 |
| Fire | 0.003 | 0.05 |
| Weather | 0.002 | 0.10 |
| Other | 0.006 | 0.75 |
| Total | 0.012 | 1.49 |
¹ Claim Frequency = Number of Claims (r12) / Sum Insured (r12) per $100,000,000
² Burning Cost = Claims Incurred (r12) / Sum Insured (r12) *100
More recent and detailed data is available only to members or to assist with matters of public interest (see Frequently Asked Questions page).