Bermuda-based (re)insurer XL Group is expecting losses from the recent US storms of between $50m and $75m.

The events include the tornado activity that hit the mid-west and south-east United States over the periods 22-28 April and 20-23 May.

XL’s preliminary loss estimates from the events are before tax and net of reinsurance and reinstatement premiums. The majority of the losses are attributable to XL’s reinsurance segment.

The estimates are based on its review of individual treaties and policies expected to be impacted along with available client data.

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.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.

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