Reinstatement premiums of £36m due on re covers

Zurich has estimated that damage claims from Superstorm Sandy will be $700m (£432.3m) in fourth-quarter earnings.

The insurer added that it expected reinstatement premiums due on reinsurance covers of $58m (£35.8m). Quarterly earnings are due on 14 February 2013.

Sandy killed 132 people in the USA and Canada, led to power cuts and caused infrastructure damage.

 

 

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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