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Strong potential LA wildfires very serious in terms of market impact: Conduit Re

Summary by ReinsuranceNe.ws

Executives from Bermuda-based Conduit Re have emphasised the significant impact of the California wildfires on the re/insurance market, highlighting the potential for the event to halt rate declines ahead of crucial upcoming renewals. Speaking at a briefing following the release of the firm’s 2024 results, Neil Eckhart, Executive Chairman, described the California wildfire event as one of the four most serious he has witnessed in his career, com…

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ReinsuranceNe.ws

Strong potential LA wildfires very serious in terms of market impact: Conduit Re

Executives from Bermuda-based Conduit Re have emphasised the significant impact of the California wildfires on the re/insurance market, highlighting the potential for the event to halt rate declines ahead of crucial upcoming renewals. Speaking at a briefing following the release of the firm’s 2024 results, Neil Eckhart, Executive Chairman, described the California wildfire event as one of the four most serious he has witnessed in his career, com…

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Digital Insurance

CoreLogic: How many properties were impacted by the LA wildfires?

Initial property losses from Eaton and Palisades fires estimated between $35 billion and $45 billion.

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Digital Insurance broke the news in 6 days ago on Monday, February 17, 2025.

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