Moody’s estimates $1bn insured loss from Maui fires
  • X
  • LinkedIn
  • Show more sharing options
  • Copy Link URLCopied!
  • Print
  • X
  • LinkedIn
© 2024 Insider International Limited, company number 15236286, 4 Bouverie Street, London, EC4Y 8AX. Part of the Delinian Group. All rights reserved.

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement
Cookies Settings

Moody’s estimates $1bn insured loss from Maui fires

Rachel Dalton
14 August 2023
  • X
  • LinkedIn
  • Show more sharing options
  • Copy Link URLCopied!
  • Print
  • X
  • LinkedIn
Moody's building.jpg

Moody’s has pegged the industry’s insured losses for wildfires in Lahaina in western Maui, Hawaii at around $1bn, with P&C carriers writing large shares of homeowners and commercial property in the frame.

The agency said that as of 11 August, various fires had destroyed or damaged 2,207 structures, with 2,719 structures exposed to the blazes.

It

Enter your e-mail to claim a free trial:

Uncover exclusive insights tailored for insurance leaders

    • Stay Informed: Access exclusive industry insights
    • Gain a competitive advantage: Hear first about tactical developments
    • Make better decisions: Understand market dynamics in crucial lines of business
Take a free trial Already a subscriber? Login now

Topics

NewsLossesWildfire
rachel dalton 2024 ii red 2.png
Rachel Dalton
Lead Reporter
Contact
Gift this article