German Reinsurers Report Q1 Profits Down Sharply on Los Angeles Wildfire Claims
Insurance Journal - May 13, 2025
Germany’s largest reinsurers, Munich Re and Hannover Re, reported sharp declines in first-quarter profit on Tuesday after a combined 1.7 billion euros ($1.89 billion) in claims relating to the Los Angeles wildfires this year. The wildfires killed nearly 30 people …...
Recommended Articles
Posted: Jul 08, 2025
Armed thieves robbed a truck carrying 33 tons of gold and silver concentrate belonging to Grupo Mine...
Posted: Jul 08, 2025
Reinsurers have gained confidence and returned to the Florida market as a result of recent legislati...
Posted: Jul 08, 2025
Apple took a challenge against EU regulators to Europe’s second highest court on Monday after...