FBR MD Says Harvey Will Mostly Impact Primary Insurers

The video discusses the trajectory of insurance losses, focusing on private insured losses excluding flood losses, which are estimated to be in the low single-digit billions. It highlights the distinction between private insurers and federal coverage for flood losses. The discussion also covers the impact on reinsurers, particularly in the context of a water event with minimal wind damage. The video further explores the exposure of companies to commercial property losses, emphasizing the potential for business interruption claims in the energy sector.

What is the estimated range for private insured losses, excluding flood losses?

• 10 billion to 20 billion

• Low single-digit billions to just over 10 billion

• Low single-digit millions to just over 10 million

• Over 20 billion

Which type of losses are not covered by private insurers but by the federal government?

• Wind damage losses

• Flood losses

• Automobile losses

• Energy infrastructure losses

What is the primary nature of the event discussed in terms of its impact on insurers?

• A capital event

• An earnings event

• A market shift event

• A regulatory event

Which companies are most exposed to commercial property losses due to the event?

• None of the above

• Travelers and Hartford

• AIG and Excel

• Both A and B

What is the expected impact of wind damage on commercial properties?

• Moderate impact

• Significant impact

• No impact

• Very little impact