The June/July 2016 renewal season has seen a continuation in market softening, though the magnitude of rate reductions is slowing,...
catastrophe claims News
Reinsurance prices will continue to fall this year as competition for customers from hedge funds and other sources of alternative...
Farmers Insurance expects claims from two recent severe weather systems in the Dallas/Fort Worth area will result in more than...
Weak business conditions in the reinsurance industry are being masked by a low level of catastrophes and a high level...
Tornadoes, hailstorms and fires took their toll on Texas last year with insured losses well over $3 billion, according to...
U.S. Cat Adjusters, LLC, a claims firm in the Florida property and casualty marketplace, has appointed Greg Cornett as director...
Insurance claims from the devastating explosions at the Chinese port of Tianjin last week could exceed initial estimates and strain...
Allianz SE, Europe’s biggest insurer, said second-quarter profit rose 15 percent as lower claims from natural catastrophes offset a drop...
Munich Re, the world’s biggest reinsurer, raised its full-year profit target after net income beat analyst estimates on lower catastrophe...
Hannover Re, the world’s third-largest reinsurer, said second-quarter profit rose 19 percent, as lower catastrophe claims helped a surge in...