shutterstock_1810350700

10 April 2024Insurance

CoreLogic revises Taiwan quake loss estimate to $1bn down from $8bn

CoreLogic has updated its estimates for insurable losses resulting from the 7.5 magnitude earthquake that struck Taiwan's east coast on April 3. The revised estimate now ranges between $0.5 billion and $1.0 billion.

Already registered?

Login to your account

For multi-user price options, or to check if your company has an existing subscription that we can add you to for FREE, please email Elliot Field at efield@newtonmedia.co.uk or Adrian Tapping at atapping@newtonmedia.co.uk

More on this story

Taiwan earthquake may deliver insurers up to $8bn bill: CoreLogic

5 April 2024 Strong seismic building codes in Taiwan likely spared the capital Taipei.

TWIA pushes for major PLM increase to $6.5bn for 2024 storm season

14 February 2024 TWIA has suggested its board to set the PML at $6.5bn, $2bn higher than last year.

TWIA might need 66% hike in limit in 2024; RMS model change in focus

12 February 2024 RMS model changes singlehandedly deliver 15% increase in PML estimate.

More articles

US state insurance commissioners urge Musk to scrap Federal Insurance Office

Lockton Re reveals new US segment for programmes and MGAs

Talanx terminates agreement with Meiji Yasuda

Acrisure snags industry veteran to bolster expertise

MGA Alta Signa taps talent pool to bolster cyber division

Volante builds out board with former Helios, Ascot CEO

BMS swoops for UK broker in largest acquisition yet

Zurich partners with Blink to expand parametric offering

Copyright © intelligentinsurer.com 2024 | Headless Content Management with Blaze