financial impact News

New York Fed to Present Research on Impact of Extreme Weather Events

The Federal Reserve Bank of New York announced it will release a nine-part blog series on the economic and financial impacts of extreme weather events in the Federal Reserve’s Second District. Starting November 8, the Liberty Street Economics series will …

Canada’s Intact Financial Sees $454 Mn Flood Losses; $24.2 Mn Train Crash

Canadian P&C insurer Intact Financial said it expected quarterly results would be hurt by losses from a train derailment and fiery explosion in a Quebec town and storm and flood damage in Canada’s oil capital, Calgary, and Toronto, the country’s …

Aon Benfield Report Analyzes Financial Impact of Catastrophes on Reinsurers

The Aon Benfield Analytics’ Market Analysis team has published the latest edition of its Aon Benfield Aggregate (ABA) report, which assesses the financial performance of 28 of the world’s leading reinsurers in the first nine months of 2011, and examines …