Aspen pegs CA hit at $50mn-$75mn as Q4 CoR drops 6.9 points to 82.5%
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Aspen pegs CA hit at $50mn-$75mn as Q4 CoR drops 6.9 points to 82.5%

Changes in business mix towards specialty and improved reserve development offset higher Q4 cat losses.

By Jairo Ibarra
February 27, 2025
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Bermudian (re)insurer Aspen is expecting recent California wildfires to generate claims in the $50mn-$75mn range net of reinsurance, based on an industry loss of $35bn-$45bn.

The

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Topics

News Results Catastrophe losses California Aspen Re/insurers
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