estimate News

Lloyd’s Estimates Thai Flood Losses at $2.2 Billion

Lloyd’s announced that it is estimating its overall net claims from the flooding in Thailand last year to be in the $2.2 billion range. The figure is based on an industry loss estimate of between $15 and $20 billion. The …

Massachusetts Tornado Claims Now Up to $140 Million

The financial toll from tornadoes that ravaged Springfield and several smaller communities has risen dramatically. The state’s Division of Insurance estimated Thursday that residents have filed 8,200 insurance claims totaling $140 million for damage caused by the June 1 tornadoes, …

Credit Suisse Estimates Japan Economic Losses at $171 to $183 Billion

Economic losses in the regions of Japan that were hit by a massive earthquake will reach around 14 trillion yen to 15 trillion yen ($171-$183 billion) based on information available on Monday, Credit Suisse said in a research note. Credit …