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

Suncorp weighs additional reinsurance protection amid favourable conditions

Posted: Feb 18, 2026

With natural hazard costs rising sharply to AU$1.319 billion in H1 2026, Suncorp executives have ind...

Former KPMG international tax specialist joins Gallagher’s Private Equity and M&A practice

Posted: Feb 18, 2026

Gallagher, a global insurance broking and risk management company, has announced the appointment of...

Applied Systems reports Q4’25 Canadian commercial insurance premium trends

Posted: Feb 18, 2026

Applied Systems, an insurance technology provider serving brokers, insurers and agencies, has releas...