Gallagher Re raises CA wildfire insured loss estimate to $20bn-$30bn
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Gallagher Re raises CA wildfire insured loss estimate to $20bn-$30bn

The anticipated portion ceded to reinsurance may reach the mid-to-high single-digit billions, it added.

By Kyoung-son Song
January 16, 2025
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Gallagher Re has bumped up its insured loss estimate for the Southern California wildfires to $20bn-$30bn, from its previous $10bn+ estimate last week.

The

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Topics

NewsCatastrophe lossesCaliforniaAJ GallagherWildfire
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