Insured losses from May Texas storms to exceed $1bn: Gallagher Re
Reinsurance News - May 23, 2024
Following the deadly thunderstorms that hit Houston, Texas on May 16th, economic and insured losses are each anticipated to exceed $1 billion, with the potential for total losses to be even higher, according to Gallagher Re. The storms, which killed at least seven people, are said to have generated...
Recommended Articles
Posted: Dec 12, 2025
Tim Turner, Group Head of MAP (Marine, Accident & Political) Risks at Beazley, stated that data...
Posted: Dec 12, 2025
Coalition, an active insurer focused on preventing digital risks, has added a new Deepfake Response...
Posted: Dec 12, 2025
Arch Insurance, a division of Bermuda-based re/insurer, Arch Capital Group, has appointed Ernesto Me...