Texas floods may cause up to $22bn in economic loss, says AccuWeather
Reinsurance News - Jul 08, 2025
AccuWeather has estimated that the catastrophic flash flood disaster in Texas has caused an estimated $18 billion to $22 billion in total damage and economic loss. According to the firm, these figures include the cost of search and recovery efforts, the extensive cleanup ahead, insurance claims and...
Recommended Articles
Posted: Apr 02, 2026
US cyber reinsurance rates fell around 32% during the April 1 renewals, impacted by a surge in exces...
Posted: Apr 02, 2026
Aon’s Reinsurance Solutions, the reinsurance division of global broker Aon, has appointed Jukgrid Tr...
Posted: Apr 02, 2026
Markel, the insurance operations within Markel Group Inc., has announced the appointment of James Sh...