List of Insured Loss Estimates from Thailand Floods

January 19, 2012

Separate emails using a comma.

Last year’s flooding in Thailand is shaping up to be one of the worst natural disasters in human history, with insured losses alone estimated at more than $15 billion.  
   
Following is a list of expected losses reported by insurance and reinsurance companies, ordered by size. The figures have been converted to U.S. dollars where applicable. 
     
    INSURER                                 LOSS 
    Munich Re                    $641.9 million 
    Swiss Re                       $600 million 
    XL Group                     $135 million – $185 million 
    SCOR                            $179.9 million 
    Everest Re                   $100 million – $125 million 
    PartnerRe                     $120 million 
    Transatlantic                $72 million  
    Validus                          $55.5 million 
    Aspen                           $54 million  
    Axis Capital                  $48 million 
    Alterra                          $30 million 
     
It should also be noted that PartnerRe has estimated the industry’s total loss at more than $15 billion. Validus has estimated industry losses in excess of $12 billion. Germany’s Allianz has said losses would be at least $10 billion. 
     
 (Reporting By Ben Berkowitz; Editing by Lisa Von Ahn and Gerald
E. McCormick)

Separate emails using a comma.
Subscribe Like this article?
Subscribe to our free email newsletter.

Add a Comment

Your email address will not be published. Required fields are marked *

*

More News
More News Features