PG&E wildfire losses threaten $850mn GL tower

05 December 2017

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Berkshire Hathaway has the largest exposure on Pacific Gas and Electric (PG&E)'s $850mn general liability (GL) programme, which could be significantly eroded by the Californian wildfires, The Insurance Insider can reveal.

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PG&E wildfire losses threaten $850mn GL tower

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PG&E wildfire losses threaten $850mn GL tower

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Fuel a smarter strategy with our actionable market intelligence

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RiverStone books $300mn in pre-tax adjusted profit in 2024

Arch Q1 CoR increases 11.3 points to 90.1% as wildfire losses offset reserve releases

Chaucer’s McLaughlin to exit for Howden Re in Miami

Willis aviation buildout intensifies with Marsh’s Shipman and O’Raidy

Aspen Q1 CoR jumps 9.5 points to 96.1% as company kickstarts IPO

Lack of market balance in cyber re could hinder growth: Howden Re

Aspen aims for valuation of up to $2.9bn as IPO launched