News Risk Management18 Sep 2019

Wildfire risks and insurers' underwriting strategy

| 18 Sep 2019


In 2018, California suffered its most costly and deadly fire season to date. The year's costliest insured loss event was California's Camp Fire at $12bn, the most destructive fire in the state's history. Additionally, in 2018, over 100 people perished in wildfires in Greece and British Columbia, Canada, suffered its worst wildfire season in history. In Australia, bushfires burned on Sydney's perimeters.

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