It has been a devastating summer to date in Australia, with unprecedented bushfires burning uncontrolled for a sustained period in many States. Data available from the Insurance Council of Australia indicates insurance losses are in excess of $2 billion, with over 23,000 claims lodged to date. There has been enormous losses to flora and fauna which will take many years to recover. The bushfires have impacted an estimated 10 million hectares, and destroyed more than 2,500 homes. The fires were…
