Winter storm Uri: The impact in Q1 and beyond
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Winter storm Uri: The impact in Q1 and beyond

Q1 cat main.jpg

Winter storm Uri and a host of smaller cat events have caused (re)insurers significant losses in Q1, eroding cat budgets and illustrating once again the latent risk at large in the cat market.

Uri, which struck the southern US in February, could cost carriers between $10bn and $15bn according to market sources, although as previously explored by this publication, the loss is fiendishly difficult to estimate at this stage due to its...

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