UPC Insurance ups Q3 cat loss estimate to $37mn

25 October 2021

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UPC Insurance has grown its estimated pre-tax cat loss for Q3 from $27mn to $37mn net of reinsurance recoveries.

The figure includes $27mn as of 31 August, including Tropical Storm Elsa and Hurricane Ida, and $10mn from additional events, including Hurricane Nicholas, as well as a re-estimation of this year’s other PCS events.

The

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UPC Insurance ups Q3 cat loss estimate to $37mn

UPC Insurance has grown its estimated pre-tax cat loss for Q3 from $27mn to $37mn net of reinsurance recoveries.

Fuel a smarter strategy with our actionable market intelligence

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UPC Insurance ups Q3 cat loss estimate to $37mn

UPC Insurance has grown its estimated pre-tax cat loss for Q3 from $27mn to $37mn net of reinsurance recoveries.

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Fuel a smarter strategy with our actionable market intelligence

Topics

GIE Gareat’s terrorism bond prices near top end of guidance at 5.25%

American Coastal targets $100mn of Florida named storm coverage

Twia to target 43% more limit at $5.8bn on exposure growth and Beryl losses

Allstate pegs October cat losses at $226mn post-tax

Plenum’s Dynamic Cat Bond Fund reaches $200mn in AuM