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

AM Best revises digital insurer ZhongAn’s outlooks to positive

Posted: Nov 19, 2025

Credit rating agency AM Best has revised the outlooks to positive from stable and affirmed the Finan...

Aon names Jason Disborough as Chief Commercial Officer, Pacific

Posted: Nov 19, 2025

Insurance and reinsurance broking firm Aon has appointed Jason Disborough as Chief Commercial Office...

Amynta expands FNP’s book of nonprofit clients with NPS acquisition

Posted: Nov 19, 2025

Insurance service provider, Amynta Group, has announced that its subsidiary, First Nonprofit Compani...