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After global insured natural catastrophe losses hit record highs in 2017, will reinsurers be able to withstand another year of active natural catastrophes? S&P Global Ratings indicates that while ...
While Fitch affirmed Liberty Mutual Group's financial strength ratings, the news isn't all good: Its ratings outlook got lowered a notch. Liberty Mutual's tough 2017 is largely to blame for the ...
Though there were fewer catastrophes globally in 2017 than the previous year, they caused significantly more damage, and the year's historic hurricane season is largely to blame, according to the ...
The global reinsurance industry demonstrated resiliency following the record level of catastrophe losses in 2017, as very strong capitalization and effective risk management enabled the sector to ...
Small businesses in the United States struggled with uninsured damages and lost revenue following a record-breaking year of hurricanes and wildfires, according to a Federal Reserve survey published ...
Commercial property insurance rate increases are easing off initial spikes following 2017's record natural catastrophe losses, but commercial insurance buyers still face upward pricing pressure on ...
U.S. P/C insurance catastrophe losses in 2017 reached $53 billion in 2017, a surge of close to 110 percent compared to 2016, according to a new A.M. Best report. As expected, insured losses from ...
AXIS Capital Holdings rounded out 2017 with a money-losing quarter, but the Bermuda-based insurer and reinsurer blamed more than just "significant" catastrophe losses. AXIS reported a 2017 fourth ...
Aspen Insurance Holdings lost nearly $185 million in the 2017 fourth quarter, or $3.25 per diluted share. The struggling Bermuda-based insurer and reinsurer also saw its consolidated combined ratio ...
Zurich Insurance struck a confident note on Thursday, with a $1 billion share buyback and its first dividend hike in seven years as it reported better-than-expected earnings despite hefty catastrophe ...
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