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Wildfire loss could have been worse

The Re Report

Wildfire loss could have been worse

No loss estimate for the Californian Station wildfire as TRR went to press but it is clear the industry has narrowly dodged a loss of catastrophic proportions. Abnormally low windspeeds in the affected areas prevented the fires from becoming a multi-billion dollar insurance loss, according to risk modelling firm AIR Worldwide.

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