Insight and Intelligence on (Re)insurance Convergence with the Capital Markets

24 March 2018

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2017 challenges cat loss records

5 October 2017

Hurricanes Harvey, Irma and Maria (HIM) have put 2017 on course to become one of the insurance industry's most expensive years ever, with a high share of claims going to the reinsurance market.

The three storms could produce $85bn of insured losses, according to average modelled loss projections. This would fall short of the roughly $130bn of claims incurred in 2011 and 2005 (when recalculated in 2016 values, according to Swiss Re Sigma figures).

However, estimating claims from Harvey and...

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