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Benfield Reviews Recent Hurricane/Typhoon Season

Between Atlantic hurricanes and Pacific typhoons, the 2004 storm season generated record catastrophe losses.

By staff Writer | Updated on August 22, 2005

Between Atlantic hurricanes and Pacific typhoons, the 2004 storm season generated record catastrophe losses. In addition to the quartet of hurricanes that reached landfall in the United States, 10 successive typhoons in Asia further escalated 2004 catastrophe claims.

Benfield, a reinsurance intermediary and risk advisory firm, has reviewed the losses to consider their impact on reinsurance markets in Bermuda, Europe, London, and the United States, providing a listing of loss estimates for many of the major companies in the market.

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