Texas winter storm loss fears calmed after early reporting
  • X
  • LinkedIn
  • Show more sharing options
  • Copy Link URLCopied!
  • Print
  • X
  • LinkedIn
© 2024 Insider International Limited, company number 15236286, 4 Bouverie Street, London, EC4Y 8AX. Part of the Delinian Group. All rights reserved.

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement

Texas winter storm loss fears calmed after early reporting

texas-winter-storm-2021-pa-imagesjpg_73119.jpg
Photo: PA

There is growing optimism amongst (re)insurers that the Texas winter storm loss last month will cost less than $15bn, pointing towards a loss at the lower end of initial $10bn-$20bn expectations.

These figures are in line with the early reports from major insurers in the state, although some expect that potential mould damage could complicate claims settlement.

With

Request a free trial:

Uncover exclusive insights tailored for insurance leaders

    • Stay Informed: Access exclusive industry insights
    • Gain a competitive advantage: Hear first about tactical developments
    • Make better decisions: Understand market dynamics in crucial lines of business
Gift this article