Market expecting $10bn-$15bn California wildfire loss toll
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Market expecting $10bn-$15bn California wildfire loss toll

a-small-plane-makes-a-drop-on-the-wildfire-near-a-freeway-in-simi-valley-california-the-united-states-on-nov-12-2018-the-fire-in-southern-california-pa-39680012-web.jpg

The (re)insurance sector is now looking at what could be a $10bn-$15bn loss as wildfires continue to ravage California. 

Underwriting sources have pushed the range up to around $5bn from the figures this publication was told earlier in the week, as thousands more structures...

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