Insurers receive 1,386 claims from Victoria bushfires, 30% as total losses: ICA

Share!

Reinsurance News - Jan 13, 2026

Insurers have received 1,386 claims resulting from the severe bushfires impacting Victoria since 7th January 2026, with 30% of all current property claims being total losses, according to the Insurance Council of Australia (ICA). On 12th January, the ICA declared the bushfires a Significant Event, w...

Read Full Article

Recommended Articles

AI-driven disruption to reallocate rather than increase insurance demand: Swiss Re Institute

Posted: Jan 13, 2026

As the artificial intelligence (AI) boom expands new insurable asset classes and increases exposure...

The Baldwin Group appoints CAC’s Paul Sparks to its Board of Directors

Posted: Jan 13, 2026

The Baldwin Group, an independent insurance brokerage and advisory firm, has announced the appointme...

Florida homeowners to benefit from significant insurance premium reduction: Governor DeSantis

Posted: Jan 13, 2026

Governor Ron DeSantis, the 46ᵀᴴ Governor of Florida, has announced statewide insurance rate relief f...