AIR Worldwide predicts losses of $10bn
Insured losses from Hurricane Ike could be as much as $16bn, according to catastrophe modeling agencies.
Risk Management Solutions (RMS) predicted that losses from the hurricane, which made landfall on the Texas coast on Saturday, would range between $6bn and $16bn for onshore and offshore losses.
AIR Worldwide Corporation estimates that insured losses to onshore properties in the U.S. from Hurricane Ike are between $8 billion and $12 billion, with an expected loss of $10 billion.
The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.
