‘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).

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

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