Search
 

Bushfires Ravage Australia; Over $60M in Insured Losses So Far

Recent bushfires in Australia have caused nearly AU$60 million ($63.2 million) in insured losses so far, the Insurance Council of Australia says.

By Chad Hemenway | Updated on January 09, 2013

Recent bushfires in Australia have caused nearly AU$60 million ($63.2 million) in insured losses so far, the Insurance Council of Australia says.

Losses are estimated at about AU$49 million ($51.6 million) in Tasmania, where 510 claims have been received from policyholders as of Jan. 9.

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Recommended Stories

PropertyCasualty360

Join PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join PropertyCasualty360.com now!

  • Unlimited access to PropertyCasualty360.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including BenefitsPRO.com, ThinkAdvisor.com and Law.com
  • Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now
Join PropertyCasualty360

Copyright © 2024 ALM Global, LLC. All Rights Reserved.