Swiss Re gives quake and Xynthia loss estimates
jonathan swift Postonline
Swiss Re today announced that, based on current information, it provisionally estimates its loss arising from the earthquake in Chile to be $500m.
The total insured losses for the insurance sector for the earthquake in Chile are estimated to be in the range of 4bn to $7bn.
In addition, Swiss Re estimates its loss for the European winter storm Xynthia to be approximately $100m.
Swiss Re today announced that, based on current information, it provisionally estimates its loss arising from the earthquake in Chile to be $500m.
The total insured losses for the insurance sector for the earthquake in Chile are estimated to be in the range of 4bn to $7bn.
In addition, Swiss Re estimates its loss for the European winter storm Xynthia to be approximately $100m.
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