All wildfires articles
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News
KCC estimates $28bn insured losses for Palisades, Eaton fires
Insured loss estimate based on high-resolution KCC US Wildfire Reference Model.
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News
LA 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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News
Hawaii 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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News
AXA launches forest restoration program
Research from the program will be shared at a European level, to strengthen biodiversity and climate resilience