16 July 2018Insurance

Fitch raises asbestos claims estimate to $100bn

Following a review of recent years' asbestos-related claims and litigation activity and insurers' paid and incurred loss experience, Fitch has raised projection for ultimate all-time US industry incurred losses to $100 billion compared with a previous estimate of $90 billion.

Already registered?

Login to your account

To request a FREE 2-week trial subscription, please signup.
NOTE - this can take up to 48hrs to be approved.

Two Week Free Trial

For multi-user price options, or to check if your company has an existing subscription that we can add you to for FREE, please email Adrian Tapping at atapping@newtonmedia.co.uk


More on this story

Insurance
17 July 2026   Margin boost came purely on a burst of freed reserves and a benign cat quarter.
Insurance
17 July 2026   Carrier drops personal lines cat XoL treaty while expanding catastrophe bond capacity.
Insurance
17 July 2026   Weather losses calmed after an above-average April start to Q2.