GENEVA (AP) — Hurricanes Harvey, Irma and Maria, as well as two recent earthquakes in Mexico likely cost the insurance industry about $95 billion, said Swiss Re, one of the world’s biggest reinsurers.

The Zurich-based company, which as a reinsurer provides backup policies to companies that write primary insurance policies, said Friday that the claims process is ongoing and estimates could evolve.

READ MORE: Judge Rejects Challenge To Southwest's Vaccine Mandate

Flooded homes are shown near Lake Houston following Hurricane Harvey August 29, 2017 in Houston, Texas. (credit: Win McNamee/Getty Images)

Swiss Re expects its own payouts linked to the natural disasters will be about $3.6 billion, including $175 million for the Mexico earthquakes alone.

READ MORE: 'When I Finally Got To Be Elvira, That's When My Life Calmed Down': Mistress Of The Dark Peels Back The Curtain

A company statement didn’t break down the costs by hurricane. In an e-mail, Swiss Re’s vice president for communications, Willy-Andreas Heckmann, said the company would provide further details with its third-quarter results report next week.

CEO Christian Mumenthaler called the catastrophes “extremely powerful” and said Swiss Re “can support our clients when they need us most.”

Reinsurance, a sort of insurance for insurers, helps spread risk so that the system can handle large losses from natural disasters.

MORE NEWS: Ira Morya Davis Of Irving Found Guilty Of Wire Fraud Violations 

(© Copyright 2017 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.)