bmorrison242/shutterstock.com_1524423452

20 February 2025Reinsurance

‘Seismic’ cost of wildfires shows reinsurers were right to raise rates: Egan

This year’s California wildfires are likely to be the most costly wildfire catastrophe ever, proving that reinsurers were right to fight so hard to raise rates in 2023, according to SiriusPoint chief executive officer Scott Egan (pictured).

Already registered?

Login to your account

For multi-user price options, or to check if your company has an existing subscription that we can add you to for FREE, please email Adrian Tapping at atapping@newtonmedia.co.uk

More on this story

Global Re looks strong after 2025, but margin pinch looms: S&P

6 February 2026 Cedant demand hasn’t engaged enough to balance rising capacity long-term.

Reinsurance prices softening in LatAm, attention turns to secondary perils

6 February 2026 But lower rates are mean comparatively higher attachments and tighter terms: Howden.

Compre creates deputy CEO role for incoming Premia UK hire

6 February 2026 Deputy CEO to be responsible for core operations across group.

More articles

What keeps CISOs up at night: agentic AI, burnout and board gaps

Public-private cyber collaboration: vital, but far from universal

Cyber insurers need to ‘go the hard way’ creating product awareness, distribution

Outside in: too often cybersecurity looks the wrong way

Winners and highly commended revealed at Intelligent Insurer’s MENA Awards 2026

Lloyd’s of London presses pause on Blueprint Two, rethinks strategy: reports

Global Re looks strong after 2025, but margin pinch looms: S&P

Storm Fern jolts P&C insurers, but losses stay contained

Copyright © intelligentinsurer.com 2024 | Headless Content Management with Blaze