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

Commercial P&C pricing environment textured and nuanced, says Chubb CEO

Posted: Mar 17, 2026

In a letter to shareholders following the disclosure of record 2025 results, Evan G. Greenberg, Chai...

Ed Ashby succeeds John Johnson as CEO, DUAL North America

Posted: Mar 17, 2026

International underwriting agency Dual Group has appointed Ed Ashby as Chief Executive Officer, DUAL...

Kindley Re accelerates growth with $250m capital raise

Posted: Mar 17, 2026

Kindley Re, a Bermuda-domiciled life and annuity reinsurance platform, has successfully secured $250...