Four of the most costly wildfires globally between 2013 and 2022 took place in California, United States. The largest wildfire in terms of insured losses was "Camp Fire", which was ignited on November 8, 2018 by a faulty electric transmission line on Camp Creek Road in California. A total of 12.5 billion U.S. dollars was paid out in insurance claims for this natural disaster. Camp Fire also counts as one of the most deadly wildfires worldwide in terms of the number of deaths it caused.
Most costly wildfires to the insurance industry worldwide from 2013 to 2022
(in billion U.S. dollars)
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Munich Re. (April 27, 2023). Most costly wildfires to the insurance industry worldwide from 2013 to 2022 (in billion U.S. dollars) [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/1380941/most-costly-wildfire-insured-losses-worldwide/
Munich Re. "Most costly wildfires to the insurance industry worldwide from 2013 to 2022 (in billion U.S. dollars)." Chart. April 27, 2023. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/1380941/most-costly-wildfire-insured-losses-worldwide/
Munich Re. (2023). Most costly wildfires to the insurance industry worldwide from 2013 to 2022 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/1380941/most-costly-wildfire-insured-losses-worldwide/
Munich Re. "Most Costly Wildfires to The Insurance Industry Worldwide from 2013 to 2022 (in Billion U.S. Dollars)." Statista, Statista Inc., 27 Apr 2023, https://www.statista.com/statistics/1380941/most-costly-wildfire-insured-losses-worldwide/
Munich Re, Most costly wildfires to the insurance industry worldwide from 2013 to 2022 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1380941/most-costly-wildfire-insured-losses-worldwide/ (last visited December 21, 2024)
Most costly wildfires to the insurance industry worldwide from 2013 to 2022 (in billion U.S. dollars) [Graph], Munich Re, April 27, 2023. [Online]. Available: https://www.statista.com/statistics/1380941/most-costly-wildfire-insured-losses-worldwide/