PERILS Estimates Victoria Bushfire Insurance Loss at AU$786 Million

PERILS, the Zurich‑based catastrophe data provider, released its first industry loss estimate for the January 2026 Victoria bushfires. Based on data from affected insurers, the estimate places total insured losses at AU$786 million, covering property and motor‑hull lines. The fires burned ~400,000 ha, caused one fatality and extensive damage to homes, livestock and infrastructure. The Insurance Co

Sector: Insurance | Confidence: 97%
Source: https://www.reinsurancene.ws/perils-places-first-industry-loss-estimate-from-victoria-bushfires-at-au-786m/

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