Swiss Re expects $3.6bn hit from HIM and Mexican quakes

Swiss Re has estimated its Q3 pre-tax loss from hurricanes
Harvey, Irma and Maria (HIM) and the two Mexican earthquakes at
$3.6bn, net of retrocession.
Of the combined losses, claims from the two earthquakes in
Mexico are expected to be about $175mn, Swiss Re said.
The reinsurer estimated the total insured market loss from HIM
and the earthquakes at about $95bn.
But the company added: "The foregoing estimates are subject
to a higher than usual degree of uncertainty and may...