Totals: U.S. Spring Tornado Losses for P/C Carriers

July 1, 2011

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)

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