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

Liberty Specialty Markets promotes Hua as Head of War and Terrorism, LatAm & US

Posted: Jan 27, 2026

Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has promoted Lillian Hua as...

Squalify launches new cyber risk quantification platform

Posted: Jan 27, 2026

Squalify, a cyber risk quantification (CRQ) platform, has launched Essential CRQ, a streamlined CRQ...

Aon expands Connor Halliday’s role to lead Property Fac across EMEA & LatAm

Posted: Jan 27, 2026

Aon’s Reinsurance Solutions, the reinsurance division of global broker Aon, has expanded Connor Hall...