The latest estimate for hurricane Ian insured losses in Florida now stands at almost $12.6 billion.
Tag: hurricane Ian losses
Lloyd’s Estimates Hurricane Ian Claims Up to $3 Billion
Lloyd’s announced that claims from Hurricane Ian are estimated to be in the range of $2.3bn – $3bn net of reinsurance.
Swiss Re Forecasts 3Q Loss Following Hurricane Ian Claims
Swiss Re forecast a third-quarter net loss of around $500 million on Tuesday, after the reinsurance company absorbed $1.3 billion in preliminary claims from Hurricane Ian. “While the 2022 Group ROE target of 10% is unlikely to be met given the impact of natural disasters, the Ukraine war, and financial market volatility,” the reinsurer said… Continue reading Swiss Re Forecasts 3Q Loss Following Hurricane Ian Claims