Mapping the Australian wildfires


The wildfires affecting Victoria, Australia are causing widespread destruction and loss of life. The fires, caused by a combination of above average temperatures and tinder dry bush and forest, have destroyed in excess of 750 homes and caused over 130 deaths so far.

Google have created a map showing the extent of the fires. It pulls in live data containing the latest up-to-date information about fire locations and their status from the Country Fire Authority (CFA) in real-time.

I wrote previously about the need for a better risk transfer mechanism for wildfires. With fires becoming more deadly and widespread due to increased temperatures and drier landscapes the need would seem to be becoming more urgent all the time.

No loss estimates have been released for these fires at this time. We’ll update you as losses become apparent.

Artemis catastrophe bond ILS DashboardAnalyse catastrophe bond market issuance using the Artemis Dashboard and Charts.

We’ve tracked more than 650 cat bonds and related ILS transactions since 1996, all of which are included in our extensive Deal Directory.

Use the Artemis Dashboard and our Cat Bond Market Charts to analyse this market!

Print Friendly, PDF & Email

Artemis Newsletters and Email Alerts

Receive a regular weekly email newsletter update containing all the top news stories, deals and event information

  • This field is for validation purposes and should be left unchanged.

Receive alert notifications by email for every article from Artemis as it gets published.

Read previous post:
Willow Re catastrophe bond default – A.M. Best downgrades as well

Willow Re has officially defaulted on it's payment which was due on the 2nd February. They had a 5 day...