LA wildfires drive Q1’25 insured losses above $53bn: Aon

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Reinsurance News - Apr 17, 2025

According to Aon’s Q1 Global Catastrophe Recap, insured losses in the opening quarter exceeded $53 billion, well above the 21st-century Q1 average of $17 billion, marking the second-highest total on record after Q1 2011. As per the firm’s report, the California wildfires contributed appr...

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