17-05-2016 09:45 via insuranceinsider.com

Alberta wildfires insured loss estimate up to $6.9bn: AIR Worldwide

Catastrophe modelling firm AIR Worldwide has estimated that
industry insured losses from the Fort McMurray, Alberta, Canada,
wildfire that started on 1 May will be between C$4.4bn and C$9.0bn
($3.4bn-$6.9bn).
Officials are still in the early stages of assessing the damage
in Fort McMurray, but AIR is already calling it the costliest
natural disaster in Canada's history.
The range in AIR's loss estimates reflected uncertainty in
the payment of additional living expenses resulting from mandatory
e
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