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 21, 2025
Insured losses related to US severe convective storms (SCS) reached $42 billion in the first nine mo...
Posted: Nov 21, 2025
J.P. Morgan, a global investment bank, notes that the European reinsurance sector appears to be movi...
Posted: Nov 21, 2025
Global reinsurance brokerage Gallagher Re has announced the appointment of Parrus Kunvarji as Execut...