Hannover Re sees Los Angeles fires claims of 500-700 mln euros

Hannover Rueck SE

06/02/2025 08:03

FRANKFURT, Feb 6 (Reuters) - Fires in the Los Angeles
area may result in claims of between 500 million euros ($518.95
million) and 700 million euros for the reinsurer Hannover Re
 HNRGn.DE , the company's chief executive Jean-Jacques Henchoz
said on Thursday. 
    He said that industry-wide losses could total between $30
billion and $40 billion. 
    

($1 = 0.9635 euros)

 (Reporting by Tom Sims and Alexander Huebner, Editing by
Miranda Murray)
 ((Tom.Sims@thomsonreuters.com; +49 30 220 133 645;))