ICT Pegs Hurricane Harvey Insured Losses at $19B September 15, 2017 The Insurance Council of Texas (ICT) has placed the insured losses from Hurricane Harvey at $19 billion. That number includes...
Fitch Expects Most Insurers, Reinsurers to Handle Losses from Both Harvey, Irma September 14, 2017 Fitch Ratings reported that based on its initial assessments, most U.S. insurance companies and global reinsurers that it rates are...
Hurricane Harvey Puts Pressure on Regional Insurers in Texas, Says A.M. Best September 5, 2017 Losses anticipated from Hurricane Harvey are unlikely to exceed the top reinsurance limits of insurers writing business in Texas, according...
Tallying Massive Costs of Harvey to Victims, Insurers, Taxpayers and Economy August 31, 2017 Hurricane Harvey’s costs to the victims in its path, to U.S. taxpayers, to insurers and to the economy were still...
S&P: Primary P/C Insurers, Not Reinsurers, to Bear Brunt of Harvey’s Insured Losses August 29, 2017 While it’s too early to accurately quantify the insured losses related to Hurricane Harvey, primary insurance carriers — as opposed...
Harvey’s Insured Losses Hurt Insurers’ Stocks, Could Boost Reinsurers’ Prices August 29, 2017 By Tim McLaughlin and Tom Sims Hurricane Harvey’s whipsaw of wind and rain across Houston and the Texas Gulf Coast hurt the shares of U.S. property...