Insurers List Record $27.3 Billion ?04 CAT Loss
NU Online News Service, Feb. 9, 12:36 p.m. EST?U.S. property-casualty insurers, after 22 catastrophic events last year, paid a record $27.3 billion for insured property losses to homeowners and businesses, Property Claim Services estimated.[@@]
Insurance Services Office in Jersey City, N.J., the PCS parent, said the figure surpassed losses from 2001 that included the Sept. 11 terrorist attack.
Continue Reading for Free
Register and gain access to:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
NOT FOR REPRINT
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
