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Fitch estimates for economic losses related to California fires range from $150B to $275B

  • January 13, 2025
  • -FCHFX

January 13, 2025 at 07:32PM
Fitch is out saying:

Sgnificantly wide estimates for insured losses related to California fires with a range between $10 billion and $30 billion

Estimates for total economic losses related to California fires range between $150 billion-$275 billion

With disasters, there is the dip in economic activity and then the recovery from the rebuild over time. However, no mistake about it this is a huge number and it is still ongoing.

This article was written by Greg Michalowski at www.forexlive.com.

Fitch estimates for economic losses related to California fires range from $150B to $275B
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