Swiss Re has estimated its preliminary combined claims burden from recent natural catastrophes booked in the fourth quarter of 2018 at approximately $1.0 billion, net of retrocession and before tax, mainly affecting the reinsurance operations. Swiss Re, Natural catastrophe, Losses, Property, Reinsurance, California wildfires, North America, Global, Europe
Swiss Re has estimated $ 1bn of losses for natural disaster claims in Q4 2018 , with Hurricane Michael and 2017 's Camp and Camp wildfires in the US estimated to cost the insurer $ 150 m and $ 375 m in claims respectively . Costs of typhoons Jebi and Trami in Japan rose an estimated $ 320 m in the quarter . Meanwhile , man - made catastrophes , including a large industrial fire in Germany , the Ituango dam flooding and a satellite fire , cost the company around $ 300 m .