Tallying Losses from October’s Global Catastrophes

Article 0 Comments October was a deadly and costly month due to natural catastrophes, with the the U.S. and Europe being hit particularly hard, according to Aon’s Impact Forecasting. Total U.S. economic losses from October’s Hurricane Michael – including physical damage and net loss business interruption – was forecast to […]

Chubb $380M Q1 Cat Loss Estimate Includes California Wildfires, East Coast Storms

Article 0 Comments Chubb Limited released preliminary net loss estimates for the first quarter of 2018 attributable to natural catastrophes, including the California mudslides, of $380 million pre-tax, or $305 million after tax. Losses from the California mudslides are estimated at $125 million pre-tax. The company also reported that net […]