{"id":63008,"date":"2020-07-27T12:40:47","date_gmt":"2020-07-27T11:40:47","guid":{"rendered":"https:\/\/www.reinsurancene.ws\/?page_id=63008"},"modified":"2024-02-23T10:45:56","modified_gmt":"2024-02-23T10:45:56","slug":"covid-19-insurer-reinsurer-loss-reports","status":"publish","type":"page","link":"https:\/\/www.reinsurancene.ws\/covid-19-insurer-reinsurer-loss-reports\/","title":{"rendered":"COVID-19 insurer & reinsurer loss reports"},"content":{"rendered":"

COVID-19 loss reports and reserves reported by insurance or reinsurance companies<\/h1>\n

This table documents publicly reported COVID-19 pandemic-related losses, IBNR reserves and estimates from insurance and reinsurance companies.<\/p>\n

The data was originally collected by Zurich-based financial services advisory PeriStrat LLC<\/a>, operated by Hans-Joachim Guenther, and has now been augmented and updated where we can by Reinsurance News.<\/p>\n

As insurance and reinsurance companies report new totals for their estimates of actual losses caused by the COVID-19 coronavirus pandemic, and their loss reserve setting, we will update this list and the running total.<\/p>\n

As of June 2021, the running total is: US $37.381 billion<\/strong><\/p>\n

Read all of our reinsurance news coverage related to the COVID-19 coronavirus pandemic here<\/strong><\/a>.<\/p>

\"Artemis<\/a><\/div><\/div>\n\n\n\n\n\t\n\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\n\t
Company<\/th>COVID-19 loss & reserves estimate ($m)<\/th>Last updated DD\/MM\/YYYY<\/th>\n<\/tr>\n<\/thead>\n
Lloyd's<\/a><\/td>4,955.5<\/td>31\/03\/2021<\/td>\n<\/tr>\n
Swiss Re<\/a><\/td>4,493<\/td>30\/04\/2021<\/td>\n<\/tr>\n
Munich Re<\/a><\/td>4,469<\/td>06\/05\/2021<\/td>\n<\/tr>\n
AXA<\/a><\/td>1,830<\/td>04\/05\/2021<\/td>\n<\/tr>\n
Hannover Re<\/a><\/td>1,631.3<\/td>05\/05\/2021<\/td>\n<\/tr>\n
Allianz<\/a><\/td>1,576<\/td>12\/05\/2021<\/td>\n<\/tr>\n
Berkshire Hathaway<\/a><\/td>1,401<\/td>01\/05\/2021<\/td>\n<\/tr>\n
Chubb<\/a><\/td>1,378<\/td>27\/04\/2021<\/td>\n<\/tr>\n
AIG<\/a><\/td>1,133<\/td>06\/05\/2021<\/td>\n<\/tr>\n
Insurance Australia Group (IAG)<\/a><\/td>884<\/td>20\/11\/2020<\/td>\n<\/tr>\n
SCOR<\/a><\/td>883.1<\/td>28\/04\/2021<\/td>\n<\/tr>\n
Zurich (P&C only)<\/a><\/td>821<\/td>12\/05\/2021<\/td>\n<\/tr>\n
QBE<\/a><\/td>785<\/td>05\/05\/2021<\/td>\n<\/tr>\n
The Hartford<\/a><\/td>728<\/td>22\/04\/2021<\/td>\n<\/tr>\n
Fairfax Financial Holdings<\/a><\/td>682.6<\/td>29\/04\/2021<\/td>\n<\/tr>\n
Liberty Mutual<\/a><\/td>680<\/td>06\/05\/2021<\/td>\n<\/tr>\n
MS&AD (incl. MS Amlin)<\/a><\/td>605.8<\/td>20\/05\/2021<\/td>\n<\/tr>\n
Mobiliar<\/td>579.4<\/td>13\/04\/2021<\/td>\n<\/tr>\n
Mapfre<\/a><\/td>575.7<\/td>29\/04\/2021<\/td>\n<\/tr>\n
Everest Re<\/a><\/td>511<\/td>28\/04\/2021<\/td>\n<\/tr>\n
Hiscox<\/a><\/td>475<\/td>05\/05\/2021<\/td>\n<\/tr>\n
Alleghany (TransRe)<\/a><\/td>433<\/td>06\/05\/2021<\/td>\n<\/tr>\n
Partner Re<\/a><\/td>409<\/td>11\/05\/2021<\/td>\n<\/tr>\n
Markel<\/a><\/td>379<\/td>29\/04\/2021<\/td>\n<\/tr>\n
RSA<\/a><\/td>360.4<\/td>07\/05\/2021<\/td>\n<\/tr>\n
AXIS Capital<\/a><\/td>360<\/td>14\/04\/2021<\/td>\n<\/tr>\n
RenaissanceRe<\/a><\/td>352<\/td>29\/04\/2021<\/td>\n<\/tr>\n
Beazley<\/a><\/td>340<\/td>13\/05\/2021<\/td>\n<\/tr>\n
Tokio Marine (domestic & int.)<\/td>331<\/td>20\/05\/2021<\/td>\n<\/tr>\n
Legal & General<\/a><\/td>280<\/td>10\/03\/2021<\/td>\n<\/tr>\n
Arch Capital Group<\/a><\/td>272.6<\/td>27\/04\/2021<\/td>\n<\/tr>\n
Generali<\/a><\/td>256.7<\/td>18\/05\/2021<\/td>\n<\/tr>\n
Travelers<\/a><\/td>250<\/td>20\/04\/2021<\/td>\n<\/tr>\n
Talanx<\/a> (excl. Hannover Re)<\/td>207.1<\/td>06\/05\/2021<\/td>\n<\/tr>\n
CNA<\/a><\/td>195<\/td>03\/05\/2021<\/td>\n<\/tr>\n
W. R. Berkley<\/a><\/td>192.7<\/td>20\/04\/2021<\/td>\n<\/tr>\n
Sirius<\/a><\/td>192<\/td>10\/05\/2021<\/td>\n<\/tr>\n
Aspen<\/a><\/td>181.2<\/td>31\/03\/2021<\/td>\n<\/tr>\n
Suncorp<\/td>164.5<\/td>09\/02\/2021<\/td>\n<\/tr>\n
QIC Group<\/a><\/td>141<\/td>16\/02\/2021<\/td>\n<\/tr>\n
Aviva<\/a><\/td>138.4<\/td>04\/03\/2021<\/td>\n<\/tr>\n
Helvetia<\/td>103.8<\/td>25\/03\/2021<\/td>\n<\/tr>\n
American Financial Group<\/a><\/td>95<\/td>03\/02\/2021<\/td>\n<\/tr>\n
Cincinnati Financial<\/a><\/td>84.4<\/td>28\/04\/2021<\/td>\n<\/tr>\n
Enstar (StarStone & Atrium)<\/a><\/td>81.8<\/td>07\/05\/2021<\/td>\n<\/tr>\n
Baloise<\/td>77.6<\/td>09\/03\/2021<\/td>\n<\/tr>\n
ARGO Group<\/a><\/td>77.2<\/td>21\/04\/2021<\/td>\n<\/tr>\n
CCR Re<\/a><\/td>59<\/td>14\/04\/2021<\/td>\n<\/tr>\n
SiriusPoint<\/a> (old Third Point Re)<\/td>49.5<\/td>10\/05\/2021<\/td>\n<\/tr>\n
Fidelis<\/td>48<\/td>15\/03\/2021<\/td>\n<\/tr>\n
Lancashire Holdings<\/a><\/td>42<\/td>29\/04\/2021<\/td>\n<\/tr>\n
Sompo (domestic & int.)<\/td>36.8<\/td>20\/05\/2021<\/td>\n<\/tr>\n
Selective Insurance Group<\/a><\/td>33.8<\/td>29\/01\/2021<\/td>\n<\/tr>\n
Trygg<\/td>22.8<\/td>16\/04\/2021<\/td>\n<\/tr>\n
RLI Corp.<\/a><\/td>22.3<\/td>21\/04\/2021<\/td>\n<\/tr>\n
The Hanover<\/a><\/td>19<\/td>30\/04\/2021<\/td>\n<\/tr>\n
ProAssurance<\/td>10<\/td>22\/02\/2021<\/td>\n<\/tr>\n
Watford Re<\/a><\/td>5.2<\/td>09\/02\/2021<\/td>\n<\/tr>\n<\/tbody>\n
Total:<\/strong><\/th>$37.381bn<\/strong><\/th><\/td>\n<\/tr>\n<\/tfoot>\n<\/table>\n\n

Notes:<\/strong><\/p>\n

    \n
  1. Numbers might overlap as reported losses of insurers might partially be reflected as well in reinsurers\u2019 reported losses due to reinsurance arrangements.<\/li>\n
  2. Lloyd\u2019s published in May 2020 a range with a midpoint of USD3.65b; H1 2020 net numbers include a forward-looking statement about losses of UDS780m to come; overall 40% reinsurance recovery is assumed.<\/li>\n
  3. Some companies\u2019 reported losses might overlap with Lloyd\u2019s market number as these companies operate at Lloyd\u2019s as well, e.g., Hiscox, Beazley, ARGO etc.<\/li>\n
  4. Generali: net effect from loss provisions, net investment income drop but offset by lower general claims fq, excl. EUR 100m Extraordinary International Fund for the pandemic emergency.<\/li>\n
  5. Aviva: said that 63% of Covid-19 gross loss will be recovered from reinsurers. The loss estimate to the left considers the net loss only.<\/li>\n
  6. QBE: H1 2020 numbers include forward-looking statements about potential further Covid-19 losses of about USD 265m.<\/li>\n
  7. Talanx numbers are net of Hannover Re\u2019s published numbers to avoid double counting.<\/li>\n
  8. Munich Re, Swiss Re, Hannover Re, SCOR, Allianz and Berkshire numbers include L&H loss estimates.<\/li>\n
  9. Sompo, Tokio and MS & AD run their financial year from April 1st and number their quarters off-set by 1.<\/li>\n<\/ol>\n","protected":false},"excerpt":{"rendered":"

    COVID-19 loss reports and reserves reported by insurance or reinsurance companies This table documents publicly reported COVID-19 pandemic-related losses, IBNR reserves and estimates from insurance and reinsurance companies. The data was originally collected by Zurich-based financial services advisory PeriStrat LLC, operated by Hans-Joachim Guenther, and has now been augmented and updated where we can by […]<\/p>\n","protected":false},"author":2,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[],"class_list":["post-63008","page","type-page","status-publish","hentry"],"acf":[],"yoast_head":"\nCOVID-19 insurer & reinsurer loss reports - Reinsurance News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.reinsurancene.ws\/covid-19-insurer-reinsurer-loss-reports\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"COVID-19 insurer & reinsurer loss reports - Reinsurance News\" \/>\n<meta property=\"og:description\" content=\"COVID-19 loss reports and reserves reported by insurance or reinsurance companies This table documents publicly reported COVID-19 pandemic-related losses, IBNR reserves and estimates from insurance and reinsurance companies. 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