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4 February 2025Reinsurance

SCOR will likely blow Q1 nat cat budget on California wildfire

Global reinsurance group SCOR could go through its Q1 natural catastrophe budget on the back of California wildfires but expects the outsized event will give a boost to property cat pricing at pending treaty renewals and possibly stretch to ILS and retro, SCOR's CEO for P&C Jean-Paul Conoscente has said.

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