PartnerRe faces $475m nat cat loss in Q3
PartnerRe said on Oct. 5 that it expects combined catastrophe losses of approximately $475 million from its exposure to hurricanes Harvey, Irma and Maria for the third quarter of 2017.
The loss is pre-tax, net of retrocession and reinstatement premiums.
The company’s estimate of losses for these events is based on a preliminary analysis of its exposures — a current assumption of total insured industry losses and preliminary information received from certain cedants to date.
Get the latest re/insurance news sent to your inbox every day - Sign up to our free email newsletters
Lockton poaches Willis P&C co-head to lead global marine business
US P&C insurance industry’s H1 net income drops 30% YOY
Aviva acquires majority in ‘robo’ services provider
Marsh names head of Glasgow operations
NFIP losses from Hurricane Harvey exceed $819m
More articles
Copyright © intelligentinsurer.com 2024 | Headless Content Management with Blaze