List of Insured Loss Estimates from Thailand Floods

January 19, 2012

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)

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