Guy Carpenter: Higher single-digit tornado loss estimates likely ‘aggressive’
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Guy Carpenter: Higher single-digit tornado loss estimates likely ‘aggressive’

Fiona Robertson
16 December 2021
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Guy Carpenter has said that loss estimates for the US December tornadoes as high as $7bn are likely to be on the “aggressive” side, based on early knowledge of the event.

In a cat loss update on the event, Guy Carpenter did not give a loss estimate directly but noted that the top 10 largest convective storm outbreaks on record, ranging from $4bn to $10bn in 2021 dollars, provide a...

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Guy Carpenter Claims and losses Re/insurers News Property treaty
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