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Liberty Mutual Holding Company's 2016 fourth quarter net income declined substantially, due mostly to higher U.S. personal and commercial auto liability losses. But the number was up for the full ...
A major $200 billion loss from a combination of a cyber attack, U.S. hurricane and the failure of a reinsurer could strip insurers of up to 120 percent of their net capital base, tests of insurers in ...
Property Claim Services has gone live with a new historical catastrophe database for Turkey, an advance that the data analytics provider said will be helpful for both insurers and reinsurers. "The ...
Floods caused $33 billion in economic damage in China through July, but very little is covered by insurance, according the new catastrophe report from Aon Benfield's Impact Forecasting. Barely 2 ...
Colorado State University edged up its seasonal Atlantic hurricane forecast to 15, three more than in an average year. The new prediction is that six of those storms will become hurricanes and two ...
A week into June and two tropical storms have drenched the U.S. South. Perhaps it would be a good time to stock up on duct tape, plywood and sandbags. Unfortunately, using the first few weeks to ...
Tropical Storm Colin moved out to sea early Tuesday after knocking out power to thousands, prompting Florida Governor Rick Scott to declare a state of emergency. The threat of a storm surge flooding ...
Insurers will face higher-than-expected claims related to floods in Germany, according to Fitch Ratings, dealing another blow to an industry squeezed by low interest rates and decreasing prices for ...
Should a hurricane make landfall in Florida this storm season, many of the homeowner insurance players now doing business there are untested as to how they'll perform when catastrophe hits. Fitch ...
A wildfire in the Alberta city of Fort McMurray could cost insurers as much as C$9 billion (U.S. $7 billion) making it by far the costliest ever Canadian natural disaster, according to research by ...
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