Estimate on the claims burdens from the earthquake in Haiti
2010/01/14
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Munich Re estimates its claims burden from the earthquake in Haiti as follows: overall burden in the range of a single-digit to a low double-digit million US$-amount, net before tax. No claims are expected to stem from the Caribbean Catastrophe Risk Insurance Facility (CCRIF), in which Munich Re participates. The CCRIF offers 16 countries in the Caribbean insurance cover against hurricanes and earthquakes.
Disclaimer
This press release contains forward-looking statements that are based on current assumptions and forecasts of the management of Munich Re. Known and unknown risks, uncertainties and other factors could lead to material differences between the forward-looking statements given here and the actual development, in particular the results, financial situation and performance of our Company. The Company assumes no liability to update these forward-looking statements or to conform them to future events or developments.
This press release contains forward-looking statements that are based on current assumptions and forecasts of the management of Munich Re. Known and unknown risks, uncertainties and other factors could lead to material differences between the forward-looking statements given here and the actual development, in particular the results, financial situation and performance of our Company. The Company assumes no liability to update these forward-looking statements or to conform them to future events or developments.