Farmers pegs California wildfire net losses at $600mn
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Farmers pegs California wildfire net losses at $600mn

The estimate is net of its per-occurrence reinsurance program and gross of tax.

By Rebecca Perkins
February 19, 2025
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Farmers Insurance logo aon their headquarters building in Woodland Hills, CA, USA.

Reinsurance recoveries will reduce The Farmers Exchanges’ losses from the recent wildfires in California to $600mn.

Famers said the estimate is net of the per-occurrence reinsurance program and gross of tax.

It

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Topics

Results Property Property treaty Farmers North America California News Catastrophe losses Catastrophe bonds Wildfire
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