Cat losses dominate early Q2 reporting, with reinsurance, convective storms and rates in focus
  • 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

Cat losses dominate early Q2 reporting, with reinsurance, convective storms and rates in focus

Results_Aon report_v2.png

Second-quarter earnings started off with a bang – or more appropriately given hail’s big impact this period – a dull thud, when it came to catastrophe losses.

Thursday morning, commercial lines bellwether Travelers reported a $1.5bn cat hit, as personal lines insurer Allstate reported $1bn in June losses and regional carrier The Hanover warned of a $262mn Q2 cat impact.

On

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