California wildfires drive Q1 insured cat losses of at least $53bn: Aon - Artemis.bm
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California wildfires drive Q1 insured cat losses of at least $53bn: Aon - Artemis.bm
This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. According to broker Aon’s Q1 Global Catastrophe Recap, insured losses in the opening quarter of 2025 exceeded $53 billion, well above the 21st-century Q1 average of $17 billion, marking the second-highest total on record after Q1 2011. Aon’s report notes that the California wildfires contributed approximately $38 billion, or 71% towa…
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