More than 510 claims have been filed, Australian trade body says

Fire

Estimated insured losses from the Tasmanian bush fires have reached A$49m ($51m) according to the Insurance Council of Australia (ICA).

The insurance trade body said more than 510 claims have been received from affected policyholders in Tasmania.

ICA chief executive Rob Whelan said in a statement that once people start returning to their homes after the fires have subsided, claims and loss numbers are expected to rise.

Whelan said: β€œAt present, we believe more than 100 properties in Tasmania have been destroyed. Homeowners must remain vigilant and follow the advice of emergency services until the danger has passed.”

Bush fires are also affecting the Australian states of New South Wales and Victoria. The ICA said there has been no significant property loss in New South Wales so far despite more than 140 bush fires in the state.

However, the initial loss estimate for bushfire damage in Victoria is A$9m.