Australia fire claims mount
(BESTWIRE) - This month's Victoria bushfires and north Queensland flooding contributed heavily to mounting claims costs of Australian insurers, with estimated claims of A$500m (US$323.7m) for the bushfires and A$150m for the flooding.
Australia's nonlife insurance companies say they received about 5,450 claims related to the Victoria bushfires, which swept through southeastern Australia in the first week of February. Of all the
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