ADVERTISEMENT
Press release content from Business Wire. The AP news staff was not involved in its creation.
Related topics
PRESS RELEASE: Paid content from Business Wire
Press release content from Business Wire. The AP news staff was not involved in its creation.

KBRA Releases Research – Devastating Tornados Add to Mounting Catastrophe Losses

December 16, 2021 GMT

NEW YORK--(BUSINESS WIRE)--Dec 16, 2021--

Kroll Bond Rating Agency (KBRA) releases research report on the recent tornado outbreak and elevated catastrophe activity. While the insured property losses from the December 10-11 storms will be manageable for insurers, this latest weather event adds to already high cumulative catastrophe losses from 2020 and 2021 and will generate further headwinds for property insurers.

Click here to view the report.

Related Publications

ADVERTISEMENT

About KBRA

KBRA is a full-service credit rating agency registered in the U.S., the EU, and the UK, and is designated to provide structured finance ratings in Canada. KBRA’s ratings can be used by investors for regulatory capital purposes in multiple jurisdictions.

View source version on businesswire.com:https://www.businesswire.com/news/home/20211216006100/en/

ADVERTISEMENT

CONTACT: Fred DeLeon, Senior Director

+1 (646) 731-2352

fred.deleon@kbra.comCarol Pierce, Senior Director

+1 (646) 731-3307

carol.pierce@kbra.comPeter Giacone, Managing Director

+1 (646) 731-2407

peter.giacone@kbra.comWilliam Cox, Senior Managing Director

+1 (646) 731-2472

william.cox@kbra.comBusiness Development ContactTina Bukow, Managing Director

+1 (646) 731-2368

tina.bukow@kbra.com

KEYWORD: NEW YORK UNITED STATES NORTH AMERICA

INDUSTRY KEYWORD: BANKING PROFESSIONAL SERVICES FINANCE

SOURCE: Kroll Bond Rating Agency

Copyright Business Wire 2021.

PUB: 12/16/2021 03:31 PM/DISC: 12/16/2021 03:31 PM

http://www.businesswire.com/news/home/20211216006100/en