Welcome, sign in or click here to subscribe.
Login: Password:
     
     


 

 

  Business


Subscriber content preview

January 9, 2019

$16B California fire top disaster in 2018

BERLIN (AP) — German insurance company Munich Re says the Northern California wildfire that killed dozens of people and burned down the town of Paradise was the world's costliest single natural disaster in 2018.

The reinsurance giant said on Tuesday that the November fire caused overall losses of $16.5 billion. The company said some $12.5 billion in losses were insured.


 
. . .


To read this story in full login or purchase a subscription.



--