USAA’s wildfire losses of $1.6bn-$2.2bn will further erode Res Re deductibles
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USAA’s wildfire losses of $1.6bn-$2.2bn will further erode Res Re deductibles

The carrier has recognised two separate losses for the Palisades and Eaton fires.

By Jai Singh
February 05, 2025
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USAA has estimated its ultimate loss for the California wildfires will range from $1.6bn to $2.2bn, gross of reinsurance, sources have told this publication.

The

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Topics

News Catastrophe losses California USAA Catastrophe bonds Property Insurers
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