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...
A.M. Best: Outlook Negative for Columbia Mutual Insurance Co. March 28, 2013 A.M. Best Co. has revised the outlook to negative from stable and affirmed the financial strength rating (FSR) of A-...
Alleghany Expects $288M Sandy Loss; Assurant Estimates $200M Loss December 20, 2012 Alleghany Corporation said this week its preliminary estimate of after-tax loss related to Sandy — net of reinsurance and reinstatement...
Latest Sandy-Loss Estimates From Axis Capital, Platinum, Beazley December 18, 2012 Axis Capital Holdings Ltd. said this week its preliminary estimate of the total net financial impact of Sandy is around...
Travelers Insurance Reports Q2 Profit Despite Disaster Losses July 19, 2012 Travelers Cos Inc. reported a second-quarter profit on Thursday but missed Wall Street expectations, as the insurer’s catastrophe losses fell...
The Hartford Expects Q2 Catastrophe Losses Near $300 Million July 17, 2012 The Hartford said that it expects to report current accident year catastrophe losses of $280 million to $300 million before...
Chubb Expects Up to $240 Million in Q2 Catastrophe Losses July 11, 2012 The Chubb Corp. expects to report $200 million to $240 million in catastrophe losses for the second quarter, before taxes,...
April Weather Caused $1 Billion in Insured Losses in U.S.: Aon May 4, 2012 A series of severe weather events across central and southern sections of the United States in April caused upwards of...
State Auto Estimates Q1 Storm Impact Could Reach $21M April 13, 2012 Ohio-based State Auto Financial Corp. has estimated first quarter 2012 results will include between $19 million and $21 million in...