Sompo pegs HIM and Mexico losses at $621mn
Japanese big-three player Sompo Holdings has estimated its net
losses from hurricanes Harvey, Irma and Maria and the two Mexican
earthquakes at about 70bn yen ($621mn).
The breakdown of losses shows Irma to have had the greatest
impact, at 37bn yen, followed by Harvey at 24bn yen.Maria and the two Mexican quakes generated net losses of 8bn yen
and 1bn yen, respectively.
The company, which owns Lloyd's business Canopius and
specialty (re)insurer Endurance, said its earnings forecast for the...
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