Industry Segments: Wildfire Page 1 / 1
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- September 20 2023
Australia’s BoM declares El Niño and positive Indian Ocean Dipole as bushfires spark across three states
The combination, last seen in 2015, means warmer and drier conditions for at least the next three months increasing the risk of bushfires.
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- September 13 2023
Australia’s carriers brace for bushfire losses fueled by El Niño
For the first time since 2019, Australia’s eastern states face heightened risks due to high temperatures, ample vegetation and a rapidly desiccating landscape, say risk modellers.
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- August 16 2023
Hawaii wildfire insured property losses to hit US$3.2bn: KCC
Tokio Marine, DB Insurance and MS&AD have exposure to the state's 'most destructive' ever fire, which has burned over 2,200 structures in the historic town of Lahaina.
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- August 15 2023
Tokio Marine, DB and MS&AD face losses from devastating Hawaii wildfires
The catastrophe is likely to lead to hundreds of millions of dollars of claims as overall costs climb to US$6bn.
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