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Australian fires could cost £226m

The bush fires which swept through a number of states in Australia killing 200 people could cost insurers A$500m (£226m), Guy Carpenter has said in a report.

According to the reinsurance broker, 20 fires still burn in Victoria. Over the weekend, firefighters had to battle upwards of 400 bushfires in New South Wales, South Australia and Victoria.

At least

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