Convective storm losses of $37bn may reignite reinsurers’ secondary peril pushback
  • X
  • LinkedIn
  • Email
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Email
  • Free Trial
  • Log in

Convective storm losses of $37bn may reignite reinsurers’ secondary peril pushback

Fiona Robertson
25 July 2023
  • X
  • LinkedIn
  • Email
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Email
Tornado - stock photo.jpg

Reporting season for Q2 has only just got underway in the US, but an initial theme has been the $37bn insured losses posted so far in 2023 from an active season of convective storms – an issue that will rumble across the Atlantic as US carriers and their reinsurers line up schedules for the upcoming conference season.

The numbers are astonishing in terms of the activity that has occurred, with far fewer headlines than a major hurricane would have drawn.

Subscribers, log in here:

Fuel a smarter strategy with our actionable market intelligence

      • Gain a competitive edge and accelerate decision-making
      • Be empowered by insights that transform confusion to clarity
      • Uncover growth opportunities and prepare for potential threats
      • Fuel a smarter strategy for business growth
Request a free trial Already a subscriber? Log in now

Topics

Analysis Reinsurers Claims and losses
fiona robertson/fiona robertson ii red.png
Fiona Robertson
Editor
Contact
Gift this article