Beazley estimates California wildfire costs at $40m

6th Dec 2018 07:10

(Sharecast News) - Specialist insurer Beazley on Thursday said its early estimate of the cost of claims from the recent California wildfires is $40m (£31m), net of reinsurance.The company said investment markets continue to be volatile and its year to date investment return to 30 November 2018 was 0.5% ($27m).

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