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The investment firm’s holdings were down to $59mn at the end of Q4.
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The insurer is seeking a 22% interim raise, but the request is currently on hold.
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Meanwhile, SiriusPoint’s property book grew 25% in full-year 2024.
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Jana holds around 109,000 shares and 69,000 call options, at a $307mn total value.
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He emphasized that Consilium is a private business and intends to remain one.
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January CPI/PPI heats up but won’t translate to higher loss costs.
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The estimate is net of its per-occurrence reinsurance program and gross of tax.
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The carrier expects to book $100mn-$140mn from the California wildfires.
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The firm’s core CoR improved 3.2 points to 90.2%.
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Insurers have paid $6.9bn in Southern California wildfire claims in the first four weeks of recovery.
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Commissioner Lara calls the 10 bills a ‘comprehensive legislative package.’
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A quick roundup of today’s need-to-know news, including Liberty Mutual, State Farm and PCS wildfire estimates.