catastrophe claims News

Insured Catastrophe Losses Fell 36% in First Half of 2015

Property/casualty insurers catastrophe losses in North America for the first-half of this year were down 36 percent to $8.1 billion from 2014’s total of $12.6 billion, making it the lightest catastrophe first half since 2010. The $8.1 billion in first-half …

Amlin First-Half Profit Drops 17% as Catastrophe Claims Mount

Amlin Plc, the second-biggest Lloyd’s of London insurer by market value, posted a 17 percent drop in first-half profit as catastrophe claims jumped on flooding in central Europe. Profit was £140.2 million ($219 million) in the first six months of …