Wilma’s $6 Billion Cost to Insurers Raises Industry’s Catastrophe Loss Total to Record $50 Billion November 29, 2005 Email This Subscribe to Newsletter Email to a friend Facebook Tweet LinkedIn Print Article Article 2 Comments November 29, 2005 at 1:31 am John says: Like or Dislike: 0 0Based on the III\’s mid-year report that the industry had an aggregate surplus of about $415 billion at 6/30/05…wow, we\’ll see over 10% of the industry\’s surplus vanish as a result of these storms. Reply November 29, 2005 at 6:14 am mark says: Like or Dislike: 0 0Is it any wonder costs must go up! Reply Add a Comment Cancel reply Your email address will not be published. Required fields are marked * Name * Email * Comment ΔNotify me of comments via e-mail
Based on the III\’s mid-year report that the industry had an aggregate surplus of about $415 billion at 6/30/05…wow, we\’ll see over 10% of the industry\’s surplus vanish as a result of these storms.
Is it any wonder costs must go up!