Insured losses from May Texas storms to exceed $1bn: Gallagher Re

Share!

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...

Read Full Article

Recommended Articles

Topsail Re joins Mutual Re’s ownership group

Posted: Dec 29, 2025

Cayman Islands domiciled reinsurance company, Topsail Re, will be added to Mutual Re’s ownersh...

Risksmith Insurance launches DIC earthquake offering for property risks

Posted: Dec 29, 2025

Risksmith Insurance Services, a specialty managing general underwriter (MGU) focused on providing in...

Buyers benefited from favourable dynamics at Jan 1 reinsurance renewals: Aon

Posted: Dec 29, 2025

Global insurance and reinsurance broking group Aon reports that competition among reinsurance compan...