flood losses Archives - Carrier Management

Irma Insured Losses Will Hit Between $35B-$55B: RMS Estimate

Hurricane Irma likely caused between $35 billion and $55 billion in insured losses in the U.S. and the Caribbean combined, according to the latest estimate from catastrophe modeler RMS. Broken down, ...

Eastern Asia Underinsured for Floods, Typhoons: Munich Re

Insured losses from weather-related events in Eastern Asia amount to only about 10 percent of the $700 billion in total losses accumulated over the last three decades, according to an analysis by ...

Zurich Insurance Q2 Profit Drops After Natural Disaster Losses

Zurich Insurance Group AG, the biggest Swiss insurer, said the target for its general insurance business was "challenging" after natural catastrophe losses cut second-quarter profit by 27 percent. ...