German reinsurers took a $1.9 billion profit hit from LA wildfires in first quarter
- Posted on May 13, 2025
- By CNBC
- 3 Views
German reinsurers took a $1.9 billion profit hit from LA wildfires in first quarter
The wildfires, which devastated Los Angeles in January, led to claims worth almost $1.9 billion for two of the world’s biggest reinsurers.
