California fires losses to exceed Hannover Re’s Q1 large-loss budget
February 6 2025
by Mithun Varkey

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February 6 2025
by Mithun Varkey
Hannover Re estimates that the California fires are likely to cause industry losses of US$30-40 billion, while the reinsurer’s exposure to the event is likely to be in the range of EUR500-700 million …
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