PCS puts initial Ian loss pick at $40.9bn in bear signal on claims toll
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PCS puts initial Ian loss pick at $40.9bn in bear signal on claims toll

Fiona Robertson, 
Adam McNestrie
18 October 2022
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Industry loss aggregator PCS has put its initial loss pick for Hurricane Ian at $40.9bn, coming in higher than some sources had predicted, this publication can reveal.

The PCS loss estimate will develop over time, and the $40.9bn initial pick will likely swell speculation that the ultimate claim will exceed $50bn given this would require a development of just over 20% - with many prior PCS...

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Topics

NewsClaims and lossesPCS
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Fiona Robertson
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Adam McNestrie
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