KCC: Elliott to be $5.4bn industry loss with “vast majority” driven by freeze

Modelling firm Karen Clark & Company estimates that Winter Storm Elliott will cost the insurance industry $5.4bn in claims, with the “vast majority” of losses being driven by freezing temperatures and over 50 percent coming from the commercial lines segment.

 

Want to read this article?

 

For details on how to subscribe or for all commercial opportunities, including advertising, please contact:

Andy Stone

Sales manager

+44 (0) 77 4160 9204

andy.stone@wbmediagroup.com

    Ricky Lamey

    Business development executive

    ricky.lamey@thomsonreuters.com