Jump to content

Mild quakes in downtown LA


Recommended Posts

A 100 billion insurable event Buffett estimated would cost them 3-4 billion dollars. Fairfax would probably be in the 600-800m range if we go by 15-20% max exposure to any individual event from the ORH conference calls.  Only about 12% of Californians have earthquake insurance, A 100 billion dollars worth of insurable residential damage would roughly equal 832 billion overall residential damage. Hope that helps.

Link to comment
Share on other sites

  • 3 weeks later...

FFH is in the commercial business so aside from the California Comp. business would they have any exposure at all?  


I am asking, not telling.  



Page 10 of the Crum&Forster 10-k states that, for the past 3 years, earthquake coverage has represented between 5.2% and 6.6% of the total property gross premiums written.




Link to comment
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • Create New...