Jasper fires could cost insurance industry $700 million: DBRS estimate

  • 📰 BNNBloomberg
  • ⏱ Reading Time:
  • 11 sec. here
  • 5 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 50%

Business Nouvelles

Disaster,Finance,Insurance

A new report from DBRS Morningstar estimates the potential insured losses of the Jasper wildfires at up to $700 million.

The Jasper wildfires could cost the insurance industry up to $700 million, making it one of the most expensive wildfire disasters in Canadian history, DBRS Morningstar said Friday.

The only fire that topped that disaster was the 2016 wildfire in Fort McMurray, Alta., which resulted in inflation-adjusted insured losses of $4.4 billion and was the costliest wildfire in Canadian history.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 83. in BE

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Jasper fires could cost insurance industry $700 million: DBRS estimateA new report from DBRS Morningstar estimates the potential insured losses of the Jasper wildfires at up to $700 million.
La source: SooToday - 🏆 8. / 85 Lire la suite »

Jasper fires could cost insurance industry $700 million: DBRS estimateA new report from DBRS Morningstar estimates the potential insured losses of the Jasper wildfires at up to $700 million.
La source: YahooFinanceCA - 🏆 47. / 63 Lire la suite »

Altus Group selling property tax business to Ryan LLC for $700 millionAltus Group Ltd. has signed a deal to sell its global property tax business to tax services and software company Ryan LLC for $700 million.
La source: BNNBloomberg - 🏆 83. / 50 Lire la suite »

Altus Group selling property tax business to Ryan LLC for $700 millionAltus Group Ltd. has signed a deal to sell its global property tax business to tax services and software company Ryan LLC for $700 million.
La source: BNNBloomberg - 🏆 83. / 50 Lire la suite »

Caisse de depot sells $700-million of Couche-Tard shares back to the companyOnce the transaction is complete, the Caisse will still own a 3.5-per-cent stake worth about $2.8-billion
La source: globebusiness - 🏆 31. / 66 Lire la suite »