Lloyds forecasts LA wildfires loss of $2.3bn
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Lloyds forecasts LA wildfires loss of $2.3bn

This came as the market’s underwriting profit dipped 10% for 2024.

By Fiona Robertson
March 10, 2025
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wildfire smoke california.png

Lloyds has forecast its LA wildfire loss at $2.3bn, potentially representing a larger hit than hurricanes Milton and Helene combined.

While

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Topics

News Catastrophe losses Lloyd's Results Property treaty California UK and Europe Hurricane Wildfire
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