Mercury General Anticipates Wildfire Losses In Southern California To Surpass $150M Reinsurance Retention Level; Coverage Available Up To $1.29B With $101M Reinstatement Premium
Mercury General Anticipates Wildfire Losses In Southern California To Surpass $150M Reinsurance Retention Level; Coverage Available Up To $1.29B With $101M Reinstatement Premium
Mercury General Corporation (the "Company," "Mercury" or "We") announced today its preliminary assessment of the impact of the recent wildfires in Southern California.
默邱利通用公司（以下簡稱"公司"、"默邱利"或"我們"）今天公佈了對近期南加州火災影響的初步評估。
An extreme wind-driven wildfire event that began on January 7, 2025 has caused widespread damage across parts of Southern California. The wildfires continue to burn, and it will be some time before the Company has an estimate of the total losses caused by this event. Based on information available to date, we expect the losses to exceed our reinsurance retention level of $150 million.
從2025年1月7日開始的一場極端風驅動的火災事件已在南加州的部分地區造成了廣泛的損害。火災仍在燃燒，我們需要一些時間才能對此次事件造成的總損失做出估算。根據目前可得的信息，我們預計損失將超過我們的再保險保留水平15000萬。
The Company's reinsurance program provides $1,290 million of limits on a per occurrence basis after covered catastrophe losses exceed the Company's retention of $150 million. The Company's reinsurance program also provides coverage for assessments from the California FAIR plan. To the extent that losses are reinsured, the reinsurance program calls for reinstatements of limits to cover future events. If the full $1,290 million limits are used up, then the total reinstatement premium would be $101 million.
公司的再保險計劃在覆蓋災難性損失超過公司15000萬的保留額後，提供每次事件129000萬的限額。公司的再保險計劃還爲加州公正計劃的評估提供保障。在損失進行再保險的情況下，再保險計劃要求恢復限額以覆蓋未來的事件。如果使用了全部129000萬的限額，那麼總恢復保費將爲10100萬。
譯文內容由第三人軟體翻譯。
