EUR1.2bn LA wildfire loss won’t impact 2025 EUR6bn target: Munich Re
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Free Trial
  • Log in

EUR1.2bn LA wildfire loss won’t impact 2025 EUR6bn target: Munich Re

The carrier expects the market loss to land at $35bn-40bn.

By Rebecca Perkins
February 26, 2025
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
jurecka-christoph.jpg
Group CFO Christoph Jurecka

Munich Re’s claims estimate of EUR1.2bn ($1.3bn) for the Los Angeles wildfires would have been higher if it hadn’t acted to re-underwrite its California book in recent years, according to group CFO Christoph Jurecka.

Speaking

Request a free trial:

Fuel a smarter strategy with our actionable market intelligence

    • Gain a competitive edge and accelerate decision-making
    • Be empowered by insights that transform confusion to clarity
    • Uncover growth opportunities and prepare for potential threats
Request a free trial Already a subscriber? Log in now

Topics

Reinsurance News Munich Re Results Catastrophe losses California North America
Gift this article