OLDWICK, N.J.--(BUSINESS WIRE)--In this episode of AMBestTV, AM Best Alex Rafferty, associate director, analytics, said many Australian insurers appear positioned to absorb losses from the recent bushfires, but the fires could affect earnings and reinsurance renewals. Click on http://www.ambest.com/v.asp?v=australiabushfire220 to view the entire program. Estimated losses from the ongoing Australian bushfires stands at AUD 2.2 billion (USD 1.5 billion), but is expected to increase. “Ultimate loss…