Search
 

Foul U.K. Weather Spells P-C Underwriting Loss for '07

Standard & Poor's said the three storms have resulted in an estimated $5.77 billion in losses, the largest loss so far resulting from flooding in June, at $3 billion. July floods are running a close

X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

NU Online News Service

A series of catastrophic weather events in the United Kingdom will spell underwriting losses for property-casualty insurers there in 2007, potentially adding 10 percentage points to the gross loss ratio for the p-c industry, one rating agency said.

Want to continue reading?
Become a Free
PropertyCasualty360 Digital Reader.

INCLUDED IN A DIGITAL MEMBERSHIP:

  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.

Already have an account?

Recommended Stories

PropertyCasualty360

Join PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join PropertyCasualty360.com now!

  • Unlimited access to PropertyCasualty360.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including BenefitsPRO.com, ThinkAdvisor.com and Law.com
  • Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now
Join PropertyCasualty360

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.