Wildfire

The Californian Department of Forestry and Fire Protection (Cal Fire) has said the Thomas fire in the south of the state is now 65 percent contained

AM Best has said that the record insured losses from the October fires in the wine-producing area north of San Francisco were "within insurers' risk tolerances" and that carriers hit by California wildfire claims would not face ratings actions

Blue Capital recorded a 0.67 increase in net asset value (NAV) for its London-listed Alternative Income Fund in November, according to a London Stock Exchange announcement.

The Thomas wildfire, which ranks as the third largest in California state history, is now 50 percent contained, according to the California Department of Forestry and Fire Protection (Cal Fire)

California's insurance commissioner Dave Jones has ordered the state's insurer of last resort for property owners, Fair Plan, to end a ban on writing new policies in areas threatened by wildfires

Insured losses from the six southern Californian wildfires will reach at least into the hundreds of millions of dollars, according to an Impact Forecasting report.

California's biggest wildfire, named Thomas, is now 30 percent contained after growing to 238,500 acres in size, the California Department of Forestry and Fire Protection announced last night

The Thomas fire in southern California was 25 percent contained as of yesterday, according to the California Department of Forestry and Fire Protection

CoreLogic has estimated that reconstructing the 13,526 homes at risk of damage by the southern California wildfires would cost more than $5bn

Markel Catco has set up a further loss reserve of 4.4 percent of net asset value (NAV) for its Catco Reinsurance Opportunities Fund to cover losses from the wildfires in northern California in October, according to a London Stock Exchange announcement.

The Californian wildfires are now covering an area the size of New York, according to media reports

Losses from the wildfires that are currently raging across southern California are expected to be substantial, Aon Benfield has said in its latest Impact Forecasting report.