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Podcast: The Reinsurance Podcast
Episode: Reinsurance News Roundup | January 2025
Description: Ben & Tom run through what’s happened within the world of reinsurance during the past month.LA Wildfires:Estimated losses ranging from $10-45 billion.The difficulty in predicting loss estimates due to varying projections from different suppliers.State Farm's claims payments of nearly half a billion dollars (home and auto combined), including vehicle losses.Impact of reinsurance retention and buying strategies on losses.Bermuda’s exposure to the losses and the impact on reinsurance stock.The effect of the LA wildfires on reinsurance rates for the year.Cyber Risk and AI Threats:Allianz identifies cyber-attacks as a top concern for...