TicaC/shutterstock.com_1107947153
29 January 2025Insurance

Chubb suffers estimated $1.5bn losses on California wildfires

US P&C carrier Chubb likely suffered $1.5 billion in pre-tax losses on wildfires that swept through regions near Los Angeles in the early weeks of 2025, chief executive Evan Greenberg (pictured) has said. 

Already registered?

Login to your account

To request a FREE 2-week trial subscription, please signup.
NOTE - this can take up to 48hrs to be approved.

Two Weeks Free Trial

For multi-user price options, or to check if your company has an existing subscription that we can add you to for FREE, please email Adrian Tapping at atapping@newtonmedia.co.uk


More on this story

Insurance
25 March 2026   A distinct protection gap exists between traditional coverage and AI risk.
Insurance
25 March 2026   Rate softening and weak demand set to test margins into 2026.
Insurance
25 March 2026   Document generation and management, claims processing and triage dominate.