California Wildfire losses could exceed $10bn


Losses from the California Wildfires will reach between $8 billion and $10.5 billion, according to risk modelling firm AIR Worldwide, which has now conducted a damage survey and acquired new information about policy terms, and a re-examined the replacement values of high-value homes within its industry exposure database (IED).

AIR Worldwide, California Wildfires, Cat losses, North America

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