23 August 2023Insurance

Insurers to bear ‘75% or more’ of Hawaii wildfires losses: Moody’s RMS

Wildfires on Hawaii’s Maui are likely to cause an economic toll of up to $6 billion, with insured losses likely accounting for 75% or more of the total, global catastrophe risk modeller Moody’s RMS has predicted.

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Insurers to bear ‘75% or more’ of Hawaii wildfires losses: Moody’s RMS

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