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Losses
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Jebi storm surge set to trigger ‘substantial’ marine cargo claims
Loss Updates
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Japan’s July flooding insured loss bill rises to $1.5bn
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
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
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
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
Typhoon Mangkhut to cost insurers ‘billions of dollars’
Majority of losses expected to be incurred in Hong Kong
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