Record-breaking tornadoes devastated parts of the United States in April and May, generating substantial losses for insurance companies. Following is a list of maximum losses reported by some insurers and reinsurers for those events, ranked by size of loss. Where insurers have reported separate totals for April and May, those totals have been added together. Figures converted to dollars where applicable:
Spring 2011 Tornado Losses
| Allstate Corp. | $2 billion |
| State Farm | $1.75 billion |
| Travelers Companies | $1.05 billion |
| Chubb | $310 million |
| Zurich Financial | $295 million |
| Cincinnati Financial | $290 million |
| MetLife | $180 million |
| State Auto Financial | $135 million |
| Hanover Insurance | $85 million |
| Validus | $75 million |
| Assurant | $75 million |
| PartnerRe | $70 million |
| Aspen Insurance | $60 million |
| Hiscox | $56 million |
| Hannover Re | $45.6 million |
| Montpelier Re | $35 million |
| Flagstone Re | $30 million |
| TOTAL | $6.56 billion |
Source: Company statements
(Reporting by Ben Berkowitz, Editing by Bernard Orr and Lisa Von Ahn)
Topics Catastrophe USA Natural Disasters Profit Loss Windstorm Property Casualty
Was this article valuable?
Here are more articles you may enjoy.
Billionaire Ellison Is Moving Oracle to Nashville From Texas 
Update: Fannie Mae Guidelines Raise Concerns, Could Bar ACV Coverage for Homes 
Three Insurers Reject Chevron’s $57 Million Claim for Iran Oil Seizure 
Cracks in O’Hare Columns Aren’t Insured Property Damage, Just Bad Product – Court 
