ICEYE satellite tv for pc evaluation: Over 10,900 buildings possible destroyed in Palisades and Eaton fires – Artemis.bm

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ICEYE satellite tv for pc evaluation: Over 10,900 buildings possible destroyed in Palisades and Eaton fires – Artemis.bm

Evaluation from ICEYE, the supplier of satellite tv for pc information and companies to tell decision-making and evaluation, means that greater than 10,900 buildings have possible been destroyed by the Palisades and Eaton wildfires in Los Angeles County.

The corporate has launched up to date information on the wildfires impacting California and ICEYE’s satellite tv for pc derived building-level insights carefully match among the estimates for property harm seen from official sources to this point.

As we reported in our earlier article today, hearth officers are stating that the variety of buildings broken and destroyed by the fires burning in Los Angeles suburbs and Southern California is predicted to be above 12,300.

As a reminder, insured loss estimates are ranging $15 billion to $25 billion, with a number of analysts suggesting the overall might show greater if the fires unfold additional and trigger extra harm.

ICEYE has now analysed its satellite tv for pc information and located 10,900 buildings as possible having been destroyed in simply two of the fires which have affected the area in current days.

ICEYE defined, “The Palisades Hearth has burned greater than 23,000 acres, leaving a devastating influence. Primarily based on 8 information releases, ICEYE recognized greater than 4,500 buildings as possible destroyed within the space. Containment efforts to this point have reached simply 13%.

“ICEYE’s evaluation of the Eaton Hearth has coated over 14,000 acres, and our latest information revealed that greater than 6,400 buildings had been possible destroyed inside our analyzed perimeter. Containment has progressed to 27%.”

The corporate additionally stated, “We additionally delivered an evaluation of the Hurst Hearth, which has burned over 700 acres and has reached 95% containment.”

You may see ICEYE’s evaluation for the Palisades Hearth on this picture:

iceye-palisades-fire

ICEYE’s evaluation for the Eaton Hearth may be seen on this picture:

iceye-eaton-fire

Additionally learn:

Catastrophe bond price movements due to LA wildfire exposure.

LA wildfire losses to “notably exceed” $10bn, could approach $20bn: Gallagher Re.

Mercury says LA wildfire losses to exceed reinsurance retention.

LA fires: “Considerable attachment erosion” likely for some aggregate cat bonds – Steiger, Icosa.

LA wildfires: Over 10k structures destroyed. Insured losses up to ~$20bn, economic $150bn.

LA wildfire losses unlikely to significantly affect cat bond market: Twelve Capital.

LA wildfires unlikely to cause meaningful catastrophe bond impact: Plenum Investments.

JP Morgan analysts double LA wildfire insurance loss estimate to ~$20bn.

LA wildfires: Analysts put insured losses in $6bn – $13bn range. Economic loss said $52bn+.

LA wildfires bring aggregate cat bond attachment erosion into focus: Icosa Investments.

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