Insured losses from Victorian Bushfires cross AU$200m from 3,123 claims: ICA

Insured losses from Victorian Bushfires cross AU$200m from 3,123 claims: ICA

After the recent escalation from a significant event declaration to an Insurance Catastrophe, the Insurance Council of Australia (ICA) has confirmed that insured losses from the devastating Victorian bushfires have crossed AU$200 million across 3,123 claims. This claims count includes property, motor, commercial, and business interruption claims, with 30% of them being property claims estimated to be total losses. Since January 7, 2026, bushfire…