Zurich exhausts global aggregate cat cover after Q3 losses
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Zurich exhausts global aggregate cat cover after Q3 losses

Rachel Dalton
11 November 2021
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Zurich has exhausted its $450mn aggregate reinsurance cover after booking around $450mn in losses from Hurricane Ida and $150mn-$200mn from Storm Bernd.

On a call to discuss the carrier’s Q3 earnings today, CFO George Quinn confirmed Zurich’s global aggregate cat treaty was exhausted but its regional protections were “currently untouched”.

Zurich

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