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Hiscox expects ‘manageable loss’ from Alberta wildfires

fire-fireman

Hiscox expects a manageable loss as a result of claims arising from the Alberta wildfires, according to the insurer's interim management statement for the three months ending 31 March 2016.

"Although it is still early, we expect the destructive Alberta wildfires to be a manageable loss for the group," the company said in its statement.

The Alberta wildfires could cost insurers as much as

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