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.
- 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.
- Figures can overlap. Reported COVID-19 losses of insurers might also be reflected in reinsurance company reported losses due to protection agreements.
- Lloyd’s published a range. Figure above reflects the mid-point.
- 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.
- 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.