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AIR Worldwide estimates Alberta fire insured losses at over £2.4bn

alberta-wildfire

Catastrophe modeling firm AIR Worldwide is estimating between C$4.4bn (£2.4bn) and C$9bn (£4.8bn) of insured losses for this month's huge Alberta wildfire.

The Fort McMurray wildfire will be the costliest natural disaster in Canada’s history. It has covered over 700,000 hectares and made 90,000 people flee the city.

AIR estimates over 2400 structures

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Diary of an Insurer: Sedgwick’s Hugh Kennaway

From policing London's streets to handling complex global energy claims and championing the international growth of the loss adjusting profession, Hugh Kennaway, past president of the Chartered Institute of Loss Adjusters, plus managing director and global head of downstream energy at Sedgwick, has a nonstop week.

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