A trio of investment bank insurance and reinsurance equity analyst teams have all forecast that US domestic catastrophe losses will be reported as above-average in the coming results season, with convective storms, hail and derecho events seen as drivers.
As we reported on Friday, early second-quarter and first-half results disclosures from US insurers suggest catastrophe losses for the period may still be impactful, despite some data having suggested they might have trended lower than average for this stage of the year.
