Reinsurance
Structure Data Boosts Understanding of Wildfire Risk: Faura CEO
Valkyrie Holmes, CEO of Faura, believes that a deep understanding of the structural qualities of buildings is crucial to insuring properties in areas at high risk for wildfires. Her company ...
How Competitive Is E&S Property? Exec Views Vary
E&S property insurance market conditions were a recurring talking point on two recent earnings conference calls, but the leaders of specialty insurers offering commentary were not perfectly in ...
LA Fires Could Consume 30% of European Reinsurers’ Natural Disaster Budgets: Fitch
The Los Angeles wildfires could consume more than 30 percent of the aggregate natural catastrophe budgets set for 2025 by Europe's four largest reinsurers – Swiss Re, Munich Re, Hannover Re and ...
The 2025 Palisades and Eaton Fires: All the CM News So Far (Slideshow)
With conditions and loss estimates changing since wildfires began burning in California in early January, there has been a lot of content for insurance industry leaders to absorb. To help readers to ...
FEMA Transfers $758M in U.S. Flood Program Risk to 27 Private Reinsurers
The Federal Emergency Management Agency (FEMA) said its reinsurance renewal for the National Flood Insurance Program (NFIP) included the transfer of nearly $758 million to the private market through ...
Mercury General Gives Reinsurance Update: One or Two Events Still TBD
Mercury General provided updated information about its reinsurance program yesterday, reporting that whether losses from the Palisades and Eaton wildfires burning in California will be treated as one ...
Moody’s RMS Adds to LA Fires Insured Loss Estimates With Range of $20B-$30B
A day after risk modeler CoreLogic put out a statement indicating a $35 to $45 billion range of insured losses for two major fires in California, Moody's RMS has published a lower range for five ...
Smoke, Coverage Issues Cloud Wildfire Forecast: $35-$45B Losses Insured
CoreLogic announced a preliminary range of insured loss estimates for the Eaton and Palisades Fires in Los Angeles, Calif., of $35 to $45 billion, but there are a lot of factors that could change the ...