Swiss Re warns of Hurricane Ian claims of ~$1.3bn
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Swiss Re warns of Hurricane Ian claims of ~$1.3bn

Rachel Dalton
18 October 2022
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Swiss Re has estimated Hurricane Ian claims of approximately $1.3bn, with a Q3 group net loss of around $500mn.

The carrier said it is now unlikely to meet its group return on equity (RoE) target of 10% due to the losses but has maintained its 2024 profitability targets.

The

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NewsClaims and lossesSwiss Re
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Rachel Dalton
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