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Australian property and casualty (P&C) insurers' losses from the bushfires will be manageable, given their strong underwriting performance, high level of reserve adequacy and capital, and strong reinsurance protection. This is according to a new report from Moody's Investors Service, titled Property & Casualty Insurers – Australia: Bushfire insured losses will mount but remain manageable.
Moody's, Bushfires, Catastrophe, Insurance, Reinsurance, Property & Casualty, Australia