Australia wildfire insured losses rise 35% to A$1.34bn: ICA

14 January 2020

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Insured losses resulting from the Australian bushfires have reached A$1.34bn ($923.7mn), up A$345mn from the end of last week, the Insurance Council of Australia (ICA) said in a statement to Australian media outlets.

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Australia wildfire insured losses rise 35% to A$1.34bn: ICA

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Australia wildfire insured losses rise 35% to A$1.34bn: ICA

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Fuel a smarter strategy with our actionable market intelligence

Topics

GIE Gareat’s terrorism bond prices near top end of guidance at 5.25%

American Coastal targets $100mn of Florida named storm coverage

Twia to target 43% more limit at $5.8bn on exposure growth and Beryl losses

Allstate pegs October cat losses at $226mn post-tax

Plenum’s Dynamic Cat Bond Fund reaches $200mn in AuM