Assurant estimates $50mn for Q1 pre-tax cat loss in global housing segment
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Assurant estimates $50mn for Q1 pre-tax cat loss in global housing segment

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Assurant has estimated Q1 2023 cat losses in its global housing segment at approximately $50mn pre-tax, or $39mn after tax, according to a recent SEC filing.

The reportable catastrophe losses primarily occurred in lender-placed products due to “severe weather and tornado events in the US, a few of which occurred in late March 2023”, the filing read.

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