Hurricane exposures in line with expectations, says Lloyd's

Lloyd's is expecting to face net claims of $2.34bn (£1.3bn) as a result of hurricanes Gustav and Ike, which hit the US Gulf Coast in September.

This provisional loss estimate will be in line with analysts' combined industry loss estimates of $20bn to $25bn, and will cover both on and offshore claims for the two storms. However, Lloyd's said determining total insured loss was not yet possible, as the full extent of the damage had yet to be realised.

A series of Realistic Disaster Scenario stress

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected].

You are currently unable to copy this content. Please contact [email protected] to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Insurance Age? View our subscription options

If you already have an account, please sign in here.

To continue reading...

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: