insured losses News
Chile Quake Caused $600M-$900M in Insured Losses: AIR Worldwide
The magnitude 8.3 earthquake that struck Chile's central coast on Sept. 16 caused between $600 million and $900 million in insured losses, AIR Worldwide said in an estimate of the destruction's ...
AIR Worldwide: Insurers Can Gain by Confronting Gap Between Insured and Economic Losses
While there's a significant global gap between disaster-related insured and economic losses, the dichotomy between both presents a growth opportunity for P/C carriers, AIR Worldwide concluded in a ...
Insurance Losses From Tianjin Explosion Could Hit $3.3B: Guy Carpenter
The two massive explosions which hit China's Port of Tianjin last month could generate insurance losses of up $3.3 billion, according to a report published by Guy Carpenter. The report estimates ...
Fitch: China Insurers Will Face Bulk of Insured Losses From Explosion
China's homegrown insurers will likely face the bulk of the financial losses from massive explosions at a chemical storage site in Tianjin earlier this month. What's more, the claims could hurt, ...