Wildfire risk is considered a ‘new major peril’ by reinsurers, says Guy Carpenter

Wildfire risk is considered a “new major peril” by reinsurers after the heavy losses of recent years. But the industry has a much better understanding of this risk following investments in risk models and better education about the nature of the risk.

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Wildfire risk is considered a ‘new major peril’ by reinsurers, says Guy Carpenter

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