Loss Announcement:

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CAD 313m – CatIQ and PERILS release initial industry loss estimate for the Bald Range Fire that occurred in British Columbia in August 2026

Zurich - 15 Sep 2026

CatIQ and PERILS have today disclosed the first industry loss estimate for the Bald Range Fire that affected the Canadian province of British Columbia between 7 and 18 August 2026.

The initial estimate of the insurance market loss is CAD 313 million, with personal property claims making up the majority of the loss.