Swiss Re announces storm losses
Swiss Re has announced that, based on current estimates, it expects its claims related to Hurricane Ivan and Typhoon Songda to be approximately $300m before tax.
This is in addition to estimated aggregate claims of $290m before tax for Hurricanes Charley and Frances. Given the high frequency and severity of this year’s storm season, Swiss Re may use some ofOnly users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
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