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The larger blaze, the Camp Fire, is officially the largest fire in the state’s recorded history.
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The modelling firm says more than 48,000 homes are at high or extreme risk
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The syndicate expects to increase its premiums by 5 percent next year.
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Analyst predicts Chubb and Travelers could also pick up $400mn if industry insured losses hit $10bn.
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Irma and Florence impacted Florida insurers’ Q3 earnings as disparity emerged around Michael losses.
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What do wildfires and the Maiden-AmTrust saga have in common?
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The Camp Fire, near the town of Paradise, Butte County, has destroyed 7,102 structures alone.
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Mounting attritional losses prompt a re-think at Syndicate 1969.
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The Hannover Re parent reiterates annual group profit forecasts for this year and next.
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The possibility of a relationship between the two events puts the utility’s $200mn wildfire cat bond under the spotlight.
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RLI’s year-to-date pre-tax net cat losses are expected to range between $40mn to $45mn.
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Impact Forecasting anticipates total economic losses of $15bn
