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Emerging risks | Growth Opportunities | APAC Insurance

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Wednesday, November 11, 2026

2025: LA Wildfires

LA_Wildfires
APAC (re)insurers face minimal ratings impact from LA Wildfires: Fitch
February 7 2025
Japanese insurers expected to account for approximately 3% of insured wildfire loss.
LA_Wildfires
Reinsurers set to cover at least 30% of LA Wildfire insurance losses: Moody's
January 31 2025
However losses borne by reinsurers will be less than in previous years due to "significant increase" in attachment points since 2023.
taiping-res-exposure-to-california-wildfires-likely-to-be-minimal-fitch
Taiping Re likely to see limited impact from LA Wildfires: Fitch
January 25 2025
China Taiping Insurance Group's ratings affirmed, with Taiping Re seeing marked improvement in combined ratio for the first three quarters of 2024.
Wildfire-damaged coastal buildings lie in ruins, with rubble, charred structures and a leafless tree beside the sea.
LA Wildfires: insured losses projected up to US$45bn
January 21 2025
Industry losses estimated between US$10bn and US$45bn, with some Asia (re)insurers facing exposure.
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Korean insurers could see losses of over US$70m from LA wildfires: Report
January 17 2025
DB Insurance and Korean Re among those exposed to losses from wildfires.
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