According to Aon, global insurance losses in 2024 were 54% higher than the 21st-century average, covering $145 billion of the $368 billion in natural disaster
Executives at Munich Re, one of the world’s largest reinsurance companies, confirmed recently that although the Los Angeles wildfires will be a major loss for
Analysts at Evercore ISI have increased their insured loss base case for the ongoing wildfires in Los Angeles to a range of $25 billion to
With the annual average loss from natural catastrophes between 2017 and 2024 costing insurers $146 billion, Gallagher Re has suggested the ‘new normal’ for annual
The wildfires still burning in parts of the Palisades and Eaton areas of Los Angeles, California, have now damaged or destroyed more than 17,000 structures,
Catastrophe risk modeller Moody’s RMS Event Response has estimated insured losses from the Los Angeles fires will be between $20 billion and $30 billion but
Catastrophe Indices and Quantification Inc. (CatIQ) has disclosed its latest industry loss estimate for the flash flooding in southern Ontario between July 15-16, 2024, estimating
Gallagher Re has revised its insured loss estimates for the Southern California wildfires to a range of $20 billion to $30 billion, with the portion
Catastrophe risk modeller CoreLogic has estimated that residential and commercial insurance industry losses for the ongoing Eaton and Palisades Fires in Los Angeles, California, will
According to a new report from Alpha Insurance Analysts Limited, Lloyd’s is unlikely to have much direct insurance exposure to the California wildfires, other than
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