Euler ILS Partners raises LA wildfire industry loss estimate to $23bn-$33bn – Go Health Pro

Euler ILS Partners raises LA wildfire industry loss estimate to bn-bn – Go Health Pro

Euler ILS Partners, the specialist insurance-linked securities (ILS) investment manager, has issued an updated event report for the California wildfires, saying it believes the insurance industry loss may sit between $23 billion to $33 billion.In January, the investment manager released its first event report from the wildfires, where analysts initially estimated that insured losses from … Read more

LA wildfires could stabilise or increase US reinsurance and retro rates: Euler ILS Partners – Go Health Pro

LA wildfires could stabilise or increase US reinsurance and retro rates: Euler ILS Partners – Go Health Pro

According to independent insurance-linked securities (ILS) investment manager Euler ILS Partners, the Los Angeles, California wildfires could have a significant impact on US pricing, especially if insurance industry losses were to exceed $30 billion.As we’ve been reporting, official reports state that over 17,000 structures have been damaged or destroyed by the wildfires, and the first … Read more

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