Swiss Re anticipates $600mn Thailand hit
Swiss Re has become the first global reinsurer to outline its estimated exposures to the Thailand floods by announcing that it expects a $600mn bill.
The $600mn pre-tax estimate, net of reinstatements and retrocession, would probably be the reinsurer's third-costliest event for 2011, coming at about 75 percent of its initial New Zealand II estimate and about half of its Japan estimate (see table).
Click to enlarge
The brutal sequence of 2011 events has left
Swiss Re's cat bill for...
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:
