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The 2018 Atlantic hurricane season is nearly upon us. It begins June 1 — less than one month away — with as many as 14 named storms predicted and a greater than normal chance a major system will ...
Global insured losses from natural catastrophes were $144 billion in 2017—the highest-ever recorded in a single year, according to the latest sigma study from the Swiss Re Institute. The biggest ...
Swiss Re AG's chief said the reinsurer would welcome an anchor investor after being approached by billionaire Masayoshi Son's SoftBank Group Corp. In a business where results can change radically ...
Aon Securities believes that the record catastrophe bond issuance reached in 2017 is not necessarily a one-time deal. The firm said it predicts issuance will follow a similar momentum in 2018. ...
Insurers will have to pay claims of around $135 billion for 2017, the most ever, following a spate of hurricanes, earthquakes and fires in North America, according to a report published on Thursday. ...
Catastrophe bond issuance surpassed $10.5 billion in 2017 - a new record, according to the latest report from the Property Claims Services Unit of Verisk Insurance Solutions. Results from 2017 are ...
Hedge funds bought reinsurance stocks in the third quarter after prices tumbled on widespread losses after multiple hurricanes in North America, filings showed on Wednesday. Hurricanes in the United ...
Bad weather hurt Warren Buffett's Berkshire Hathaway Inc in the third quarter, as insurance losses tied to Hurricanes Harvey, Irma and Maria and an earthquake in Mexico contributed to a 43 percent ...
Liberty Mutual Holding Co. Inc. reported a net loss of $665 million for the three months ended September 30, 2017, versus net income of $455 million for the same period in 2016. The net loss in the ...
In light of hurricanes and earthquakes in the 2017 third quarter that left insured catastrophe losses likely surpassing $100 billion, W.R. Berkley Corp. President and CEO Robert Berkley Jr. said he ...
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