Insured losses from May Texas storms to exceed $1bn: Gallagher Re
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...
Recommended Articles
Posted: Nov 20, 2025
Generative AI (Gen AI) is rapidly transforming the insurance customer journey, but its successful ad...
Posted: Nov 20, 2025
Obsidian Insurance Holdings, Inc. has increased surplus in its writing companies in order to raise c...
Posted: Nov 20, 2025
Kalepa, a company specialising in AI-powered underwriting solutions, has announced the appointment o...