Menu

COVID-19 insurer & reinsurer loss reports

COVID-19 loss reports and reserves reported by insurance or reinsurance companies

This table documents publicly reported COVID-19 pandemic-related losses, reserves and estimates from insurance and reinsurance companies.

The data was originally collected by Zurich-based financial services advisory PeriStrat LLC, operated by Hans-Joachim Guenther, and has now been augmented and updated where we can by Reinsurance News.

As insurance and reinsurance companies report new totals for their estimates of actual losses caused by the COVID-19 coronavirus pandemic, and their loss reserve setting, we will update this list and the running total.

As of August 10th, 2020, the running total is: US $24.4 billion

Read all of our reinsurance news coverage related to the COVID-19 coronavirus pandemic here.

CompanyCOVID-19 loss & reserves estimate ($m)Last updated DD/MM/YYYY
Lloyd's3,65014/05/2020
FM Global (total sublimits)3,00015/05/2020
Swiss Re2,50022/07/2020
Munich Re1,77606/08/2020
AXA1,47006/08/2020
Allianz1,41505/08/2020
Chubb1,37006/07/2020
Zurich75014/05/2020
AIG73003/08/2020
Hannover Re71005/08/2020
Berkshire Hathaway57508/08/2020
SCOR53023/07/2020
Liberty Mutual52905/08/2020
Fairfax Financial Holdings392.430/07/2020
Partner Re33828/07/2020
QBE33522/07/2020
Markel32528/07/2020
Everest Re31023/07/2020
The Hartford30115/07/2020
Alleghany (TransRe)28804/08/2020
Arch Capital Group260.129/07/2020
AXIS Capital23528/07/2020
Hiscox23203/08/2020
Aviva214.606/08/2020
CNA19715/07/2020
Mapfre Re18024/07/2020
Beazley17022/04/2020
Generali (P&C only)16330/07/2020
Sirius15306/08/2020
W. R. Berkley15010/07/2020
MS Amlin11007/08/2020
Legal & General10505/08/2020
QIC Group10426/07/2020
RenaissanceRe103.806/05/2020
Talanx (excl. Hannover Re)10107/05/2020
Travelers8623/07/2020
RSA7530/07/2020
Insurance Australia Group (IAG)7124/07/2020
Cincinnati Financial6514/07/2020
Tokio Marine HCC47.307/08/2020
Sompo International4707/08/2020
ARGO Group43.603/08/2020
Lancashire Holdings4229/07/2020
Enstar34.310/08/2020
Selective Insurance Group28.929/07/2020
The Hanover1928/07/2020
Third Point Re9.507/05/2020
RLI Corp.622/07/2020
Watford Re5.229/07/2020
Total:$24.4bn

Notes:

  1. Where we can, these Covid-19 insurance and reinsurance loss estimates are taken net of reinsurance recoveries. However some companies do not disclose the effects of reinsurance, meaning we cannot always report the net claims.
  2. Figures can overlap. Reported COVID-19 losses of insurers might also be reflected in reinsurance company reported losses due to protection agreements.
  3. Lloyd’s published a range. Figure above reflects the mid-point.
  4. Some companies’ reported losses might overlap with Lloyd’s market number as these re/insurers operate at Lloyd’s as well as internationally, e.g. Hiscox, Beazley, ARGO etc.
  5. FM Global estimate isn’t a reported loss number. It reflects communicable disease coverage offered in its standard policies, aggregating to approximately $3bn in sub-limits.

Getting your daily reinsurance news from Reinsurance News is a simple way to receive only the reinsurance industry news that matters, delivered directly to your email inbox.

  • Only email is mandatory, but the more you tell us about yourself the better we can serve you in future!
  • This field is for validation purposes and should be left unchanged.