17th Feb 2025
5 minutes
The Global Ripple Effect of LA Fires
Implications for Australia's Insurance and Construction Sectors. The devastating wildfires in Los Angeles have sent shockwaves through the global insurance and construction markets, serving as a stark reminder of the growing impact of climate change. As natural disasters grow in frequency and severity, their impact on global insurance premiums and construction costs is becoming more apparent. This article explores these effects with a particular focus on the Australian market.