LA wildfire insured losses could exceed $20bn: J.P. Morgan

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Reinsurance News - Jan 09, 2025

The destructive wildfires engulfing Los Angeles continue to burn and with containment efforts currently yielding little success, analysts at J.P. Morgan have doubled their preliminary insured loss estimate for the event to $20 billion or more, which would make it the costliest insured wildfire loss...

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