Markel estimates $90mn-$130mn Q1 CA wildfire loss, swings to UW gain
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Markel estimates $90mn-$130mn Q1 CA wildfire loss, swings to UW gain

The specialty insurer reported favorable developments in both its insurance and reinsurance segments.

By Jairo Ibarra
February 05, 2025
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Markel Group has estimated $90mn-$130mn in Q1 pre-tax net losses attributable to the California wildfires, noting the forecast is based on a review of in-force contracts, an analysis of ceded reinsurance contracts as well as preliminary industry loss estimates.

The...

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News Results Markel Catastrophe losses
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