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LA wildfires may use up over 30% of Cat budgets of Europe’s largest reinsurers for 2025

LA wildfires may use up over 30% of Cat budgets of Europe’s largest reinsurers for 2025

by AIP Online Bureau | Jan 24, 2025 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

The impact of the fires on European reinsurers’ natural catastrophe budgets will clearly be significant, but the implications for their earnings and capital are not likely to be material. Paris/London: The recent Los Angeles wildfires may use up over 30% of the...

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