Insured losses from March 10-12 US SCS outbreak to land in the billions of dollars: Gallagher Re

Share!

Reinsurance News - Mar 13, 2026

Initial insured loss estimates suggest that losses from the March 10-12 US severe convective storm (SCS) outbreak will land in the low to mid-single-digit billions of dollars, with total economic losses poised to be 20-25% higher, according to reinsurance broker Gallagher Re. The March 10-12 SCS out...

Read Full Article

Recommended Articles

US cyber rates drop 32% at April 1, bespoke solutions surge amid ample reinsurance capacity: Gallagher Re

Posted: Apr 02, 2026

US cyber reinsurance rates fell around 32% during the April 1 renewals, impacted by a surge in exces...

Aon’s Reinsurance Solutions names Jukgrid Treesuttamas as Senior Advisor, Thailand

Posted: Apr 02, 2026

Aon’s Reinsurance Solutions, the reinsurance division of global broker Aon, has appointed Jukgrid Tr...

Markel Insurance appoints James Shankland as Head of Ocean Cargo, US

Posted: Apr 02, 2026

Markel, the insurance operations within Markel Group Inc., has announced the appointment of James Sh...