Gallagher Re estimates $56bn in Q1 insured losses driven by LA wildfires

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Reinsurance News - Apr 22, 2025

Reinsurance broker Gallagher Re has estimated that preliminary total insured losses for Q1’25 totalled at least $56 billion, marking the costliest first quarter for the private insurance market and government-sponsored insurance entities since 2011, and 176% higher than the Q1 decadal average of $20...

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