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While hurricanes hammered Travelers with $700 million in pre-tax catastrophe losses, the property casualty insurer still ended its 2017 third quarter in the black. Travelers reported $293 million in ...
Catastrophe losses from the recent U.S. hurricanes and Mexican earthquakes will lead to price rises on London market insurers' loss-affected lines and could also affect wider market pricing trends, ...
Four hours after Hurricane Andrew made landfall near Homestead, Fla. in 1992, catastrophe modeler AIR issued a statement that the insured losses could exceed $13 billion in Florida. Actual losses ...
While affirming the A+ financial strength rating of the Society of Lloyd's, S&P Global Ratings announced said Thursday that it revised the rating outlook to negative from stable in the wake of ...
Catastrophe bond issuance came to just $460 million in new limit during the 2017 third quarter, though the typically slow Q3 added to what remains a record year for the sector, the Property Claims ...
American International Group warned it faces as much as $3.1 billion in pre-tax catastrophe losses for the 2017 third quarter, largely from three hurricanes and two Mexico earthquakes. The ...
Hurricane Nate will likely cause close to $500 million in insured losses, according to a flash estimate from catastrophe modeling form Karen Clark & Co. While the number is not insignificant, it ...
When Topa Insurance Group President and CEO John Donahue arrived in the U.S. Virgin Islands (USVI) just a few days after Hurricane Irma hit, one of the first things he noticed aside from the utter ...
As bad as September was in terms of natural disasters and the resulting costs, the 2017 third quarter as a whole could be positively historic as a result. A new report from Aon Benfield's Impact ...
TigerRisk Partners said it is partnering with Cape Analytics to use new aerial technology to help U.S. Insurers speed their claims processing for Hurricane Irma. The companies say they're using ...
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