Wildfires will impact reinsurance supply and demand: RenRe’s O’Donnell
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Wildfires will impact reinsurance supply and demand: RenRe’s O’Donnell

Models will need to steepen the curve in the tail to reflect severe event frequency.

By Jai Singh
January 29, 2025
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RenaissanceRe CEO Kevin O’Donnell said he expects the scale of the industry-wide loss from the California wildfires to affect supply and demand for reinsurance in 2025, with Q1 having been the third consecutive quarter of elevated cat losses.

The

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Topics

News Property treaty RenaissanceRe Results Reinsurers Catastrophe losses California
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