Perils
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The loss aggregator lifts the tally by EUR10mn from its previous prediction. -
The losses were initially pegged by the Insurance Council of Australia at A$320mn ($211.5mn).
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Overall losses during the bushfire season total a record A$1.9bn.
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The 2018 event cost insurers A$798mn, but storms and bushfires over the past month are not yet costly enough to be tracked by the agency.
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The aggregator will provide loss data from earthquakes, floods and extratropical cyclones.
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The loss tracking agency's data has been used on $17bn of reinsurance limit in its 10 year history.
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Takashi Goda was head of Japan for Swiss Re until 2014.
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Impact Forecasting said the rare tornado damaged more than 300 properties.
