Shutterstock.com_549375997/Hannamariah

2 May 2025Insurance

Fairfax net income rises despite jump in wildfire claims

Fairfax Financial Holdings’ underwriting income was slashed by 40%, primarily due to claims from the Los Angeles wildfires, but a billion dollar gain in its investments meant the company ended up with an improved first quarter performance.

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

Third party litigation funding alone costs each US household $600 a year

23 January 2026 Latest research strips out knock-on cost of investors piling into US litigation funding.

British companies much less interested in taking out cyber insurance

23 January 2026 Axis Capital survey reveals disparity in attitudes to hedging cyber risk.

Lloyd’s market prefect has not seen any softening in terms and conditions

23 January 2026 But softening pricing could ‘turn on knife edge’ warns Lloyd’s of London.

More articles

Third party litigation funding alone costs each US household $600 a year

British companies much less interested in taking out cyber insurance

Lloyd’s market prefect has not seen any softening in terms and conditions

Axa XL launches dedicated US alternative risk solutions team

Fidelis backs $75m Herbie Re 2026 retrocessional cat bond

The Fidelis Partnership bolsters broker bench with veteran lead

AI becomes defining edge for next-gen London Market MGAs

Descartes targets data centre developers with $140m parametric solution

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