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

Aon’s Reinsurance Solutions posts 8% organic revenue growth for Q4’25

Posted: Jan 30, 2026

Aon’s Reinsurance Solutions division delivered organic revenue growth of 8% year-on-year to $3...

Data centres represent ‘the single biggest new business opportunity in 2026’: Marsh execs

Posted: Jan 30, 2026

During global insurance and reinsurance broker Marsh’s Q4’25 earnings call, executives across the bu...

Lockton formalises its Global Transaction Liability practice

Posted: Jan 30, 2026

Global insurance broker Lockton has announced the formalisation of its Global Transaction Liability...