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 USA Catastrophe Natural Disasters Profit Loss Windstorm Property Casualty
Was this article valuable?
Here are more articles you may enjoy.
Nvidia’s Huang Ousted by Board After Reports of Three Affairs 
Five Weeks After Isaias, 68,000 Claims and $736M in Losses, Florida Carrier Data Show 
Erie CEO NeCastro Steps Down Early; Bolash Named Interim Leader 
Impersonation Top Scam Handled by Allstate 
