German reinsurers took a $1.9 billion profit hit from LA wildfires in first quarter

cnbc.com/2025/05/13/la-wildfires-cost-german-reinsurers-1point9-billion-in-first-quarter.html

The wildfires, which devastated Los Angeles in January, led to claims worth almost $1.9 billion for two of the world’s biggest reinsurers.

This story appeared on cnbc.com, 2025-05-13 12:17:31.
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