{ }
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.
RenaissanceRe Holdings Ltd. is a global reinsurance and insurance provider, offering property, casualty, and specialty reinsurance solutions primarily through intermediaries. The company operates in two segments: Property Insurance, which includes catastrophe reinsurance, and Liability and Specialty Insurance, covering various risks from natural disasters to terrorism. Its subsidiaries include Renaissance Reinsurance Ltd. and Validus Reinsurance Ltd.
17:05 11.11.2024
Trending
Subcategory:
Countries:
Companies:
Currencies:
People:

Machinary offers a groundbreaking, modular, and customizable solution that provides advanced financial news and statistical analysis. Our platform goes beyond traditional quantitative analysis, offering users a comprehensive understanding of real-time market dynamics, event detection, and risk analysis.

Address

Newsletter

© 2025 by Machinary.com - Version: 1.0.0.0. All rights reserved

Layout

Color mode

Theme mode

Layout settings

Seems like the connection with the server has been lost. It can be due to poor or broken network. Please hang on while we're trying to reconnect...
Oh snap! Failed to reconnect with the server. This is typically caused by a longer network outage, or if the server has been taken down. You can try to reconnect, but if that does not work, you need to reload the page.
Oh man! The server rejected the attempt to reconnect. The only option now is to reload the page, but be prepared that it won't work, since this is typically caused by a failure on the server.