Swiss Re Insurance-Linked Fund Management

Original Risk: A Society for Change Agents

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California wildfires have now destroyed over 12,400 structures

16th November 2018

The toll of destruction from the ongoing outbreak of California wildfires continues to rise, as the number of structures destroyed has risen again to 12,406, suggesting an increasing loss for insurance, reinsurance and ILS market interests and pointing to an industry loss at the high-end, or above, current estimates.

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