Australian bushfire losses could affect earnings and reinsurance renewals, warns AM Best


Ratings agency AM Best has warned that the reinsurance market could be impacted by Australia's unprecedented bushfires that have caused overall estimated losses of A$2.2 billion ($1.5 billion) so far and are expected to increase.

AM Best, Bushfire, Insurance, Reinsurance, Ratings, Catastrophe, Alex Rafferty, Australia

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