Eco-forestry can cut insurance costs by more than 40%: Willis report
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Eco-forestry can cut insurance costs by more than 40%: Willis report

Eli Rallo
August 10, 2021
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California Wildfires

Ecological forestry, coupled with parametric insurance, can reduce insurance costs in wildfire risk areas by more than 40%, according to a report by Willis Towers Watson and the Nature Conservancy.

In an interview with Inside P&C, Willis Re executive vice president Desmond Carroll said: “With the number of wildfires and the severity of those wildfires in not only the western US but also in Canada, it’s very likely it’s...

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