Counting the cost of US spring storms
Two farm bureaus that reinsure into American Agricultural have taken ground-up losses of almost $500mn from the US spring storms, while sister title Inside FAC revealed that Munich Re was looking at a gross loss of $650mn from a manufacturing facility damaged by the freak weather.
The Insurance Insider understands that the Kentucky Farm Bureau is looking at claims of $390mn from PCS catastrophes 66 and 67, while the Indiana Farm Bureau has incurred losses of $100mn.
Modelling firm Eqecat...
You are currently viewing an incomplete version of this article. If you are a subscriber then please login now. If you are a non-subscriber but would like to be able to view this article, then please select from the purchasing options below.
Purchase
Follow us:
