Natural Catastrophes Drive Global Insured Losses to $31B in H1: Swiss Re’s Sigma August 18, 2016 Global insured losses from natural catastrophes and man-made disasters during the first half of 2016 reached US$31 billion, or 44...
Everest Re Group Reports Q2 Net Income of $155.7M vs. $209.1M in Q2 2015 July 26, 2016 Bermuda-based Everest Re Group Ltd. reported second quarter 2016 net income of $155.7 million, or $3.67 per diluted common share,...
Lloyd’s Insurer Chaucer Expects Underwriting Loss During Q2 2016 July 15, 2016 The impact of catastrophes, large loss activity and foreign exchange movements are expected to bring an underwriting loss for Chaucer...
Storms & Earthquakes Drive Up Insured Losses in 1H 2016: Munich Re July 13, 2016 Economic losses caused by natural catastrophes in the first half of 2016 totaled US$70 billion, a significant increase from the...
Chubb Estimates Q2 Cat Losses to Rise 54% from Q1 2016 July 13, 2016 Property and casualty insurer Chubb Ltd. estimated natural catastrophe losses for the second quarter to be about 54 percent higher...
Natural Disaster Losses Hit Five-Year High in April: Aon Catastrophe Report May 5, 2016 The global economy suffered the worst April natural disaster losses for five years, according to Impact Forecasting, Aon Benfield’s catastrophe...
Ecuador to Raise Taxes, Sell Assets to Fund Multi-Billion Dollar Quake Rebuilding April 22, 2016 By Ana Isabel Martinez and Diego Oré Ecuador will temporarily increase some taxes, sell assets, and may issue new bonds on the international market to fund a...
Ecuador Earthquake’s Death Toll Rises; AIR Worldwide Comments April 18, 2016 By Ben Bain and Nathan Gill World leaders from the Vatican to Washington offered support to Ecuador as casualties mounted following one of the strongest earthquakes...