News Formal

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

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 35 sec. here
  • 4 min. at publisher
  • 📊 Quality Score:
  • News: 24%
  • Publisher: 63%

Jasper National Park समाचार

DBRS,Wildfires

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

The credit ratings agency says it believes potential insured losses from this week's disaster could come close to or even be higher than those incurred in the Slave Lake, Alta. wildfire in 2011, which — adjusted for inflation — reached about $700 million.

DBRS says because Jasper National Park is one of the most popular tourism destinations in Canada, insurers may also face additional business claims with respect to commercial building and business interruption losses.DBRS says while the situation is serious, it expects the ongoing 2024 wildfire season to be manageable for Canada's property and casualty insurers as long as no major urban areas are materially affected.

ICFS, ICONS Release Media Guide for the 2024 Paris Olympics: Advocating for Fairness in Women’s Sports Voice Actors Say Major Video Game Companies’ “Woefully Insufficient” AI Proposals Led To Strike, Weigh In On Necessary Provisions For Deal

 

आपकी टिप्पणी के लिए धन्यवाद। आपकी टिप्पणी समीक्षा के बाद प्रकाशित की जाएगी।
हमने इस समाचार को संक्षेप में प्रस्तुत किया है ताकि आप इसे तुरंत पढ़ सकें। यदि आप समाचार में रुचि रखते हैं, तो आप पूरा पाठ यहां पढ़ सकते हैं। और पढो:

 /  🏆 47. in İN

इंडिया ताज़ा खबर, इंडिया मुख्य बातें

Similar News:आप इससे मिलती-जुलती खबरें भी पढ़ सकते हैं जिन्हें हमने अन्य समाचार स्रोतों से एकत्र किया है।

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.
स्रोत: BNNBloomberg - 🏆 83. / 50 और पढो »

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.
स्रोत: BNNBloomberg - 🏆 83. / 50 और पढो »

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
स्रोत: globebusiness - 🏆 31. / 66 और पढो »