Assurant estimates $50mn for Q1 pre-tax cat loss in global housing segment
  • 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

Assurant estimates $50mn for Q1 pre-tax cat loss in global housing segment

Assurant logo nyc v2.jpg

Assurant has estimated Q1 2023 cat losses in its global housing segment at approximately $50mn pre-tax, or $39mn after tax, according to a recent SEC filing.

The reportable catastrophe losses primarily occurred in lender-placed products due to “severe weather and tornado events in the US, a few of which occurred in late March 2023”, the filing read.

Enter your e-mail to claim 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