What is the main topic?

The article discusses Hannover Re's expected claims of €500-700 million due to fires in Los Angeles.

What are the estimated industry losses?

Industry-wide losses from the Los Angeles fires could total between $30 billion and $40 billion.

Who provided the estimates?

The estimates were provided by Hannover Re's CEO, Jean-Jacques Henchoz.

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Home > Finance > Hannover Re sees Los Angeles fires claims of 500-700 million euros

Finance

Hannover Re sees Los Angeles fires claims of 500-700 million euros

Published by Global Banking & Finance Review®

Posted on February 6, 2025

1 min read

Last updated: January 26, 2026

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Hannover Re sees Los Angeles fires claims of 500-700 million euros

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Hannover Re Estimates €500-700M Claims from LA Fires

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