Alberta wildfire cost $2.8bn in insured losses


The May 2016 northern Alberta wildfire has become the costliest insured natural disaster in Canadian history, with estimated insured property damage at C$3.6 billion ($2.8 billion), according to the Insurance Bureau of Canada (IBC) and Catastrophe Indices and Quantification (CatIQ).

Insurance Bereau of Canada, CatIQ, Alberta wildfire, Fort McMurray, Wildfire, Canada, Insurance, Property and Casualty, Catastrophe

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