Nomad_Soul/shutterstock.com_150536375_GagliardiPhotography/shutterstock.com_1091163974

18 February 2025Reinsurance

Europe's Big Four reinsurers face $638m CA wildfire hit: Berenberg

UPDATED: The California wildfires could cost Europe's Big Four reinsurers around around €610 million ($638 million) in losses, according to German private bank Berenberg.

Already registered?

Login to your account

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

Conduit Re pivots to resilience as wildfire lessons reshape retro strategy

13 May 2026 CEO backs strategy to ‘eradicate basis risk’ after ‘California issue in 2025’.

Conduit Re grows premiums as it pulls back risk in a softening market

13 May 2026 First-quarter GWP rose 4.9%, leaned into casualty after heavy wildfire losses.

OnRe hires former Fidelis executive as chief underwriting officer

13 May 2026 Bermuda-based reinsurer oversees $170m through onchain capital platform.

More articles

Zurich taps data centre surge for commercial premium boost

Allianz grows Q1 P&C book 6.8%, improves combined ratio

Conduit Re pivots to resilience as wildfire lessons reshape retro strategy

Cyber now ranks as top UK business risk

Conduit Re grows premiums as it pulls back risk in a softening market

Perils increases windstorm Nils loss estimate by €181m

AI at scale: From experiment to enterprise imperative

Aon expands Claims Copilot globally to integrate claims data and analytics

Copyright © intelligentinsurer.com 2024 | Headless Content Management with Blaze