Mercury General Corporation is expecting losses from the Los Angeles wildfires to exceed its insurance retention level of ...

The P&C industry, facing what could be the largest wildfire in California’s history, was scrambling this week to gather ...

The conflagrations that have devasted Los Angeles (LA) County this week are likely to be one of the costliest wildfire events ...

Stewart has worked at Scor since 2023 and, in a career spanning more than two decades, has also held positions at Fidelis, ...

S&P Global has estimated the California wildfires could reach $16bn in insured losses, while AM Best has warned the event ...

Convex wrote a 9.5% line behind lead Axa XL on the all-risk reinsurance cover for the Jeju Air jet that crashed at the end of ...

With its sights set on a US retail acquisition to complete its plan, Howden now faces four major hurdles: raising more than ...

Reinsurers remain “very disciplined” on underwriting, despite having given away rating reductions at 1 January renewals, ...

Los Angeles county officials yesterday said the wildfires, which started on Tuesday night, have burned more than 5,000 homes, ...

Wildfire specialist MGA Kettle has estimated insured losses from the California wildfires could range from $11bn to $17.5bn, ...

Late last year, Everest Global tested the legacy market’s appetite for a deal to protect a $2.5bn-reserve portfolio dominated ...

Two more wildfires have erupted in Los Angeles (LA) over the past 24 hours, bringing the total to six fires covering more ...