The tropical storm, named Alfred, is on track to bring dangerous winds and flooding along the coast of southeastern Queensland, including the country’s third-largest city.

Cyclone Alfred is unusual for two reasons — it has formed way too south, and is moving slowly. Both these factors make it more dangerous. We explain why.

The cyclone is forecast to make landfall on 7 March. Australia’s largest property and casualty insurers are expected to manage claims from Tropical Cyclone Alfred, which could cause insured losses exceeding $1.