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

© 2024 Insider International Limited, company number 15236286, 4 Bouverie Street, London, EC4Y 8AX. Part of the Delinian Group. All rights reserved.


Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement

Cookies Settings

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

Kyoung-son Song
October 18, 2023
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
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

Request a free trial:

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
Request a free trial Already a subscriber? Login now

Topics

NewsThe HanoverClaims and losses
headshot template (23).png
Kyoung-son Song
Senior Reporter
Contact
Gift this article