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Despite the combined effects of around $25 billion of pandemic and natural catastrophe-related losses as well as compromised investment returns, a group of reinsurers studied by Aon reported positive ...
Carriers are starting to report their pretax catastrophe loss estimates for the 2021 first quarter, and the numbers are significant. Below are preliminary numbers from Allstate, Arch, AXIS, and The ...
Argo Group International Holdings Ltd. estimates losses from fourth-quarter 2020 natural catastrophes and the COVID-19 pandemic will hit $51 million. Breaking down the overall total, Bermuda-based ...
AXIS Capital Holdings Ltd. reported approximately $200 million in preliminary fourth quarter catastrophe losses, more than half of which stem from the COVID-19 pandemic. The Bermuda-based specialty ...
COPENHAGEN, Denmark (AP) – A landslide that swept away homes in a residential area north of the Norwegian capital will cost insurance companies at least 900 million kroner ($107 million), a ...
Natural catastrophes around the world resulted in $210 billion in damage in 2020, with the United States especially hard hit by hurricanes and wildfires, a top insurer said on Thursday. The damage, ...
Insurance industry losses from natural catastrophes and man-made disasters across the globe amounted to $83 billion in 2020, making it the fifth-costliest year for the industry since 1970, according ...
Hurricane Zeta was poised to crash into Louisiana on Wednesday with a "life-threatening storm surge" and winds that will reach far inland, the state's sixth lashing this year from a Gulf Coast storm. ...
Chubb's net income grew by 9 percent in the 2020 third quarter, something that Chair and CEO Evan Greenberg credited to rate hikes and improving underwriting conditions despite a tough environment ...
Coastal Louisianans on Saturday surveyed the damage left by the wind and water that Hurricane Delta raked across their already storm-battered homes even as it weakened quickly after coming ashore and ...
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