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Ragnaros' name is from Ragnarök, the end of the world in Norse mythology, but he seems to be based on the leader of the Fire giants, Surt. This battle would be fought between the gods (the Æsir and the Vanir), and the jotuns (the giants): the hrímþursar (frost giants) and the eldjotnar (fire giants led by Surtr), together with Loki and his children. The word Ragnarök means (probably) Twilight of the Gods, or (less probable) Rain of Smoke. It is possible the Ragnaros's name was inspired from the latter meaning as well as by the fire giants.
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