We use cookies to improve your website experience. To learn about our use of cookies and how you can manage your cookie settings, please see our Cookie Policy. By continuing to use the website, you consent to our use of cookies. Close

Market escapes mega fire loss in California

Alternative Insurance Capital

Market escapes mega fire loss in California

The Californian Station wildfire was a near miss for the insurance industry and could easily have proved a much more expensive loss. Abnormally low windspeeds in the affected areas prevented the fires from becoming a multi-billion dollar insurance loss, according to risk modelling firm AIR Worldwide.

The rest of this document is only available to i-law.com online subscribers.

If you are already a subscriber, click login button.

Login