{
Hamilton Insurance Group, Ltd.

Companies

}

california wildfires impact insurance stocks and market outlook

Shares of Mercury Insurance fell 6.5% amid ongoing wildfires in California, which have caused significant damage, particularly in Pacific Palisades. Travelers received a double-upgrade from Goldman Sachs, with analysts predicting manageable insurance losses from the fires, estimated between $52 billion and $57 billion. The impact on insurance stocks is notable, with Travelers and Allstate expected to face substantial claims.
Investor's Business Daily
Kinsale Capital Group, Inc. Hamilton Insurance Group, Ltd. RenaissanceRe Holdings Ltd. ForFarmers N.V. Allstate Corp State Farm Growth Chubb Limited Edison International Arch Capital Group Ltd. USA Jimmy Carter Robert Cox Show more
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14:51 09.01.2025
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