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Losses

Jebi storm surge set to trigger ‘substantial’ marine cargo claims

Most powerful typhoon to hit Japan for 25 years is set to become ‘notable event’ for local insurance industry

Asia Pacific Japan Losses

Loss Updates

Japan’s July flooding insured loss bill rises to $1.5bn
Mangkhut expected to cause insured losses of at least $1.5bn
AIR estimates Florence wind and storm surge losses at $1.7bn to $4.6bn
ID Comment: Learning from the uncertainties of the Hurricane Florence loss
Hurricane Florence: BI emerges as major loss uncertainty as floodwaters continue to grow
Typhoon Mangkhut to cost insurers ‘billions of dollars’
Typhoon Mangkhut pummels Hong Kong and China
Florence damage mounts as flooding to worsen
RMS estimates Typhoon Jebi will cost $3bn to $5.5bn
Market braces as Florence hits, but complex loss will take time to become clear
Florence 'won't hit' re/insurers' capital
Munich Re, Swiss Re to feel biggest hit from Florence
Hurricane Florence brings huge storm surge risk to Carolinas coast
Duperreault says AIG on course to fix long-term health
Hurricane Florence grows in size on approach to North Carolina coast
ID Comment: Florence set to highlight US flood protection gap yet again
Reinsurers brace for multibillion-dollar impact from Hurricane Florence
Reinsurers face 'sizeable' loss from Typhoon Jebi
Hurricane Florence intensifies as it continues course towards US
Landslides and power outages to drive up Japanese quake loss
Jebi storm surge set to trigger ‘substantial’ marine cargo claims
July’s California wildfires cost insurers $845m
PCS to provide county-level loss estimates for major events
Tropical Storm Gordon makes landfall in Mississippi
Typhoon Jebi set for Japan landfall

Set Alert for Insurance Day Regulars :: Losses

Japan’s July flooding insured loss bill rises to $1.5bn

Figure represents increase of $300m over past month

Asia Pacific Japan

Mangkhut expected to cause insured losses of at least $1.5bn

Losses will be 'similar or more' than the $1.5bn insured loss reported following Typhoon Hato last year

Asia Pacific Hong Kong

AIR estimates Florence wind and storm surge losses at $1.7bn to $4.6bn

Estimate does not include impact of ongoing flooding related to the storm’s record-breaking rainfall

North America Losses

ID Comment: Learning from the uncertainties of the Hurricane Florence loss

Putting a number on the insured loss in the immediate aftermath of an event is a virtually impossible task. The industry would be better served by seeking to understand the uncertainties around the event that drive the range of estimates that appear



North America United States

Hurricane Florence: BI emerges as major loss uncertainty as floodwaters continue to grow

Early indicators suggest a ‘manageable’ loss for the insurance industry, but widespread power outages and access challenges heighten potential for business interruption to be significant

North America United States

Typhoon Mangkhut to cost insurers ‘billions of dollars’

Majority of losses expected to be incurred in Hong Kong

Asia Pacific Hong Kong
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