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

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

How Markel’s Q2 earnings call became a trust event

3 August 2026 A collateral loss in the fronting business dominated the Q2 investor Q&A.

Commercial property rates will continue to soften throughout 2026, says Baldwin Group

3 August 2026 Casualty heads in other direction; class action defence spending to hit $5bn this year.

Japan Kumamoto earthquake insured losses could reach $2.1bn: Verisk

3 August 2026 Ground shaking drives losses, manufacturing disruptions add to event’s impact.

More articles

How Markel’s Q2 earnings call became a trust event

Arch expands Middle East war coverage as conflict drives price surge

Commercial property rates will continue to soften throughout 2026, says Baldwin Group

Japan Kumamoto earthquake insured losses could reach $2.1bn: Verisk

mea Platform hires former Swiss Re COO to lead EMEA strategic accounts

TWIA lines up Gallagher Re consecutive reinsurance broking term

Ageas exits 25-year Malaysia partnership in billion-dollar deal

Insurability emerges as a gatekeeper for construction capital: Arch

Copyright © intelligentinsurer.com 2024 | Headless Content Management with Blaze