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 Nyheter

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.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 83. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

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.
Källa: SooToday - 🏆 8. / 85 Läs mer »

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.
Källa: YahooFinanceCA - 🏆 47. / 63 Läs mer »

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.
Källa: BNNBloomberg - 🏆 83. / 50 Läs mer »

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.
Källa: BNNBloomberg - 🏆 83. / 50 Läs mer »

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
Källa: globebusiness - 🏆 31. / 66 Läs mer »