in its just released sigma study, “Natural catastrophes and man-made disasters in 2006”, Swiss Re notes that “losses due to natural catastrophes and man-made disasters were below the long-term trend in 2006.” Cat losses totaled around $48 billion, of which …
In its just released sigma study, “Natural catastrophes and man-made disasters in 2006”, Swiss Re notes that “losses due to natural catastrophes and man-made disasters were below the long-term trend in 2006.” Cat losses totaled around $48 billion, of which …
The UK-based Tropical Storm Risk (TSR) weather forecaster has issued a revised assessment of the upcoming Atlantic hurricane season, which indicates that it will be a more active season than previously expected. TSR, which operates in cooperation with the Benfield …
Disgusted with his insurance company after Hurricane Katrina, the Rev. Simmie Harvey let his New Orleans homeowner policy lapse and left his house in the hands of a higher power. Somebody up there must like the 88-year-old Baptist minister: His …
All residential insurers in Florida must make a filing containing new rates by March 15 to become effective for new or renewal policies beginning June 1 and thereafter on the renewal date of the policy. Insurers are also required to …
The 2006 Atlantic hurricane season came and went with barely a blip — despite initial projections by some that there would be two to five major hurricanes that year. How could insurance industry predictions be so wrong? They weren’t, according …
Chicago Exchange, Carvill ready hurricane futures for insurers The Chicago Mercantile Exchange, the largest derivatives exchange in the United States, recently announced that it is launching contracts that will allow insurers and others to hedge risk against hurricane damage. The …
The Chicago Mercantile Exchange is launching contracts that will allow insurers and others to hedge risk against hurricane damage. The exchange, a unit of CME Holdings Inc., is teaming up with Carvill Group, a reinsurance intermediary that will calculate the …
The 2006 Atlantic hurricane season came and went with barely a blip — despite initial projections by some that there would be two to five major hurricanes that year. How could insurance industry predictions be so wrong? They weren’t, according …
The Chicago Mercantile Exchange, the largest derivatives exchange in the United States, recently announced that it is launching contracts that will allow insurers and others to hedge risk against hurricane damage. The exchange, a unit of CME Holdings Inc., is …
