preliminary loss estimates News

Houston Windstorm Causes Preliminary Economic Loss of $5-7B: AccuWeather

The destructive windstorm that blew out windows in downtown Houston and left hundreds of thousands of southeast Texas residents without power caused upwards of $5-7 billion in total damage and economic loss, according to preliminary estimates by AccuWeather. Thousands of …

XL’s Preliminary Loss Estimates for Tianjin-$100M, $30M for Others in Q3

XL Group plc announced that its preliminary loss estimates for the Tianjin disaster and other events in the third quarter of 2015 – pretax and net of reinsurance and reinstatement premium – were as follows: The mid-August 2015 Tianjin, China …

Argo Group Estimates Preliminary Sandy Losses between $45 – $55 Million

The Bermuda-based Argo Group International Holdings, Ltd. announced that it expects its 2012 fourth quarter results to include pre-tax catastrophe losses, related to Hurricane Sandy, of between $45 million and $55 million, net of reinsurance and reinstatement premiums. The bulletin …