Lloyd’s of London expects £1.8bn hit from Californian wildfires insurance Lloyd’s of London, the historic insurance market, has reported a 6.5 per cent increase in premiums written for 2024. In a trading update published this morning ahead of its full results, which are set to be released on 20 March 2025, Lloyd’s said gross written premiums increased £55.5bn from £52.1bn in the prior year. Lloyd’s [...]
Tennis star Taylor Fritz donates Australian Open prize money to LA fire relief Sport California-born tennis star Taylor Fritz has pledged to donate some of his Australian Open prize money to help victims of the fires that have swept through LA. The American men’s No1 is giving his first-round winnings of A$132,000 (£67,000) to relief efforts as the wildfires continue to wreak devastation on the city. “I just want [...]
Los Angeles wildfires could result in $15bn US insurance losses insurance Early estimates of the wildfires engulfing Los Angeles county may rapidly deplete the catastrophe budgets of US primary insurers
