All wildfires articles
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NewsFrequency perils lead cat surge to $152bn expected insured annual cost – Verisk
A report from insurtech and catastrophe risk modeller Verisk highlights the strain on insurers as severe thunderstorms, wildfires and floods drive sustained losses, with exposure growth and climate change adding further pressure
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NewsKCC estimates $28bn insured losses for Palisades, Eaton fires
Insured loss estimate based on high-resolution KCC US Wildfire Reference Model.
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NewsLA wildfires have likely destroyed 10,000+ buildings, costing insurers ‘billions’
Los Angeles wildfires, with the Palisades fire looking like the most destructive, have already burned 11,802 acres and are “0% contained” as high winds threaten to further fan the flames.
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News'No big bets' – interview with Ascot’s US chief risk officer
The world is changing and the insurance industry will have to change with it. Steve Guijarro, US chief risk officer of re/insurer Ascot Group, explains what the company is doing to achieve this.
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NewsHawaii wildfires: Moody’s RMS estimates insured property loss of $2.5-4bn
Most losses are expected to be from the town of Lahaina, which sustained catastrophic urban fires for 12 hours and destroyed almost 2,200 structures. Around 75% of the economic loss is expected to be insured, the cat modeller thinks.
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NewsAXA launches forest restoration program
Research from the program will be shared at a European level, to strengthen biodiversity and climate resilience
