hailstorm Archives - Carrier Management

Australia’s Hailstorm Insured Losses Hit $352.5 Million

The Insurance Council of Australia (ICA) has declared a catastrophe for damage caused by hailstorms that struck eastern Melbourne, the Australian Capital Territory and parts of New South Wales on ...

Texas Hailstorms Fueled Allstate’s $633M Pre-Tax April Catastrophe Losses

Allstate reported $633 million in estimated pre-tax catastrophe losses for April, more than half of which came from three days of severe hailstorms in Texas. After taxes, the number comes in at $411 ...

BMS Launches Severe Weather Analytics

BMS Group has announced a new weather risk management module as part of its iVision suite of analytical tools and services. The unique analytical tools allow carriers to better understand their risk ...

Swiss Re to Pay $240M for German Hailstorms

Hailstorms in northern and southern Germany in July will generate a claims burden of approximately $240 million for Swiss Re, the company announced Monday. That figure is net of retrocession and ...

July Hailstorms in Germany Could Cost $2B: AIR Worldwide

Losses for the severe hailstorms that hit Germany in late July are estimated to be as high as $2 billion, making it one of the 10 costliest natural disasters in German history, according to ...