Mercury recoups $20mn from Randolph Re wildfire bond
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Free trial
  • Log in

Mercury recoups $20mn from Randolph Re wildfire bond

The firm reported a net pre-tax cat loss of $414mn from January’s LA wildfires.

By Jai Singh
July 21, 2025
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
mercury general insurance tampa florida.png

Mercury General has recouped ~$20mn of principal from its private wildfire cat bond Randolph Re in relation to losses incurred from January’s LA wildfires, sources have told Insurance Insider ILS.

The

Subscribers, log in here:

Fuel a smarter strategy with our actionable market intelligence

      • Gain a competitive edge and accelerate decision-making
      • Be empowered by insights that transform confusion to clarity
      • Uncover growth opportunities and prepare for potential threats
      • Fuel a smarter strategy for business growth
Request a free trial Already a subscriber? Log in now

Topics

Catastrophe losses News Property treaty ILS managers North America California
Gift this article