Texas Had Costliest U.S. Cat Losses in First Half of 2015: PCS July 22, 2015 Texas had the most catastrophe losses in the United States during the first half of 2015, according to a new...
A.M. Best: Australia’s Nat Cat Losses Will Challenge Underwriting Profits May 12, 2015 A string of recent major natural catastrophe events in Australia is expected to materially affect non-life insurers’ upcoming earnings for...
Chubb Estimates Q1 Pre-Tax Catastrophe Losses of Approximately $250M April 8, 2015 The Chubb Corporation announced Tuesday that it estimates the impact of losses from catastrophes for the first quarter of 2015...
Catlin Group Interim Report Shows 11% Hike in Gross Premiums Written November 13, 2014 Catlin Group Limited, the Bermuda-based specialty property & casualty insurer and reinsurer, has issued its interim management statement for the...
Argo Group Establishes New Sidecar for 2014, Harambee Re January 7, 2014 The Bermuda-based Argo Group International Holdings, Ltd. announced the establishment of a new sidecar reinsurer for the 2014 accident year,...
University of Alabama Studies Impact of 2011 Tornado on Foreclosures October 21, 2013 A University of Alabama study has found that the April 2011 tornado didn’t severely impact home foreclosures in the Tuscaloosa...
ACE Construction Practice Launches Catastrophe Services Through ESIS October 18, 2013 ACE USA has launched catastrophe claims servicing capabilities specifically designed for the construction industry through ESIS Inc., a risk management...
N.J. Group Urges Gov’t to Establish Extreme Weather Superfund for Future Disasters October 9, 2013 A New Jersey-based nonprofit group is calling on the federal government to establish a permanent funding source to prepare for...
Quiet Atlantic Storm Season Humbles Forecasters September 25, 2013 By Brian K. Sullivan The 2013 Atlantic hurricane season is humbling forecasters by shaping up as the first in almost two decades without a...
August’s Natural Disasters Caused $10B in Economic Damage: Aon Benfield September 6, 2013 August saw billion-dollar flood losses in China, Russia, Philippines and Pakistan, bringing an initial combined estimate of $10 billion in...