Hurricane Beryl Caused Estimated $2-3B in Insured Losses to US Property: Verisk July 19, 2024 Estimated industry insured losses to onshore property from wind in the U.S. for Hurricane Beryl will range between $2 billion...
KCC Estimates U.S. Insured Losses from Hurricane Nate Could Reach $500M October 10, 2017 Based on high resolution wind and storm surge models, Karen Clark & Company (KCC) has estimated that the insured loss...
Insurers Declare Catastrophe for Storm Battered Parts of New South Wales April 22, 2015 The Insurance Council of Australia (ICA) this morning declared a catastrophe for storm-affected parts of New South Wales [NSW], in...
Swiss Re Estimates $240 Million in Claims from German July Hail Storms September 23, 2013 Swiss Re said it estimates industry wide insured losses from the hail storms in northern and Southern Germany in July...
Calgary Flood Caused Power Outages May Last Months; Insurance Coverage Minimal June 24, 2013 By Nia Williams Power outages in the Canadian oil capital of Calgary could last for weeks or even months, city authorities said on...
Swiss Re Estimates Claims from Hurricane Sandy at around $900 Million Net November 26, 2012 Swiss Re announced that its estimates of claims from Hurricane Sandy are around $900 million, net of retrocession and before...
Willis Re Reports on Impact of ‘RMS v11’ European Windstorm Model Changes June 18, 2012 A report from Willis Re notes that “UK insurers may see increases of up to 97 percent in their capital...
PERILS Updates Loss Estimates from Windstorm Joachim June 15, 2012 Swiss based insurance advisor PERILS has issued an updated loss report for windstorm Joachim, which occurred from December 15 to...
Platinum estimates $24.8 Million Q1 2012 Losses from Catastrophes April 11, 2012 Bermuda-based Platinum Underwriters Holdings, Ltd. announced that it expects major catastrophe losses will have a net negative impact of approximately...
PERILS Lowers Loss Estimates from Windstorm Joachim to $377 Million March 15, 2012 PERILS, Europe’s catastrophe data provider, has updated its loss report for windstorm Joachim, which occurred from December 15 to 17,...