Zurich estimates group Q3 HIM claims at $717mn

Zurich is expecting a $717mn Q3 hit at a group level as a result
of hurricanes Harvey, Irma and Maria.
The global insurer estimates total claims in the third quarter
within its P&C business from the three hurricanes to be about
$700mn net of reinsurance and before tax.
Meanwhile, Farmers Re is expected to book an additional $17mn in Q3
cat losses.
Zurich also noted that the third quarter experienced "a number
of other smaller events" but didn't put a...