trending Market Intelligence /marketintelligence/en/news-insights/trending/I6HBI6IcE4h3yi7RnySvWA2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In This List

Australia bushfire insurance losses climb to A$700M

2018 US Property Casualty Insurance Market Report


Fintech Funding Flows To Insurtech In February

Lemonade Growing Premiums Faster Than Esurance's Homeowners Business Did

U.S. Life & Health Insurance Market Report

Australia bushfire insurance losses climb to A$700M

The Insurance Council of Australia said insurance losses from the bushfires in the country have now reached A$700 million.

Since September, insurers have received 8,985 claims from the states of New South Wales, Victoria, Queensland and South Australia, and this is expected to rise.

The New South Wales Rural Fire Service said 1,588 homes have been destroyed in the state, while 653 homes have sustained damage during the latest bushfire season, ABC News reported. Meanwhile, Victoria Premier Daniel Andrews disclosed that at least 200 homes had been razed there.

As of Jan. 6, US$1 was equivalent to A$1.44.