The Hanover pre-announces $198.5mn in cat losses, driven by US storms
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Free Trial
  • Log in

The Hanover pre-announces $198.5mn in cat losses, driven by US storms

The Hanover logo storm damage.jpg

The Hanover Insurance Group has estimated Q3 pre-tax catastrophe losses at $195.8mn, citing multiple convective storms across the Midwestern US as the main driver.

The cat loss estimate for Q3 2023 is more than twice Q3 2022’s $90.1mn, which included $28mn attributable to Hurricane Ian.

According

Subscribers, log in here:

Fuel a smarter strategy with our actionable market intelligence

      • Gain a competitive edge and accelerate decision-making
      • Be empowered by insights that transform confusion to clarity
      • Uncover growth opportunities and prepare for potential threats
      • Fuel a smarter strategy for business growth
Gift this article