insured losses News
Hurricane Nate’s Insured Losses Will Reach Close to $500M: Karen Clark & Co.
Hurricane Nate will likely cause close to $500 million in insured losses, according to a flash estimate from catastrophe modeling form Karen Clark & Co. While the number is not insignificant, it ...
Expect an Historic Q3 in Terms of Natural Disaster Costs: Impact Forecasting
As bad as September was in terms of natural disasters and the resulting costs, the 2017 third quarter as a whole could be positively historic as a result. A new report from Aon Benfield's Impact ...
A Roundup of Major Insurer/Reinsurer Hurricane and Quake Losses Thus Far
Losses from Hurricane Maria and other recent 2017 natural catastrophes—including hurricanes Irma and Harvey, the Mexico City earthquakes, and other events—have led global insurers and reinsurers ...
Hurricane Maria Adds Another $200M to Chubb’s $1B-Plus Hurricane Insured Loss Tab
Chubb Ltd., already reeling from more than $1 billion in anticipated losses from two other recent hurricanes, now predicts another $200 million third-quarter hit from Hurricane Maria. The insurer and ...
Beazley Warns of $150M Profit Hit From Hurricanes, Mexico Earthquakes
Lloyd's of London insurer Beazley said on Friday it reckoned that its losses from hurricanes Harvey, Irma and Maria in the Caribbean and southern United States and a series of earthquakes in Mexico ...
Chubb Estimates Over $1B in Losses From Hurricanes Harvey and Irma
Chubb Ltd. reported more than $1 billion in estimated third-quarter losses stemming from Hurricanes Harvey and Irma, reflecting a substantial hit for the insurer and reinsurer. Further details will ...
Hurricane Maria Could Tip Scale Above $100B for Q3 Insured Losses: Morgan Stanley
Insurers and reinsurers alike will see Q3 insured losses that risk surpassing $100 billion in the wake of Hurricanes Harvey, Irma and Maria as well as two major earthquakes in Mexico, Morgan Stanley ...
Fitch’s Hurricane Irma Insured Loss Estimate Hovers Between $25B-$50B
Estimated insured losses for the insurance industry for Hurricane Irma range from $25 to $50 billion based on a number of estimates, according to a report from Fitch Ratings. Fitch's calculation ...