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Reinsurance sector to assume at least 30% of total insured losses from LA wildfires: Moody's

Retrieved on: 2025-01-29 23:44:59

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Reinsurance sector to assume at least 30% of total insured losses from LA wildfires: Moody's. View article details on hiswai:

Summary

The article details the impact of climate change, specifically wildfires in Los Angeles, on the insurance industry. Reinsurers are expected to shoulder 30% of the loss, influencing pricing and risk assessments for future policies, particularly regarding wildfire coverage.

Article found on: www.reinsurancene.ws

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