Swiss Re estimates its claims burden from hurricanes Harvey, Irma and Maria and the Mexico earthquakes at USD 3.6 billion
(WorldNews Switzerland)

20 October 2017, Zurich Swiss Re estimates its preliminary combined losses from the hurricanes Harvey, Irma and Maria and the earthquakes in Mexico to be approximately USD 3.6 billion, net of retrocession and before tax Total insured market losses currently estimated to be approximately USD 95 billion Swiss Re estimates its preliminary combined claims burden in the third quarter from the hurricanes Harvey, Irma and Maria and the earthquakes in Mexico to be approximately USD 3.6 billion, net of retrocession and before tax. Of the total combined losses, claims from the two earthquakes in Mexico are expected to be approximately USD 175 million. Swiss Re estimates the total insured market losses...