Asian Quake Death Toll Over 50,000: The 7.6 magnitude earthquake that struck near Muzaffarabad in Pakistan-administered Kashmir on Oct. 8...
Hurricanes News
Customers in states that have suffered major hurricanes are upset with the insurance industry. According to the J.D. Power and...
Powerful, but perhaps prophetic words, following the passage of Katrina and Rita. Have we “scorned,” in William Congreve’s words, the...
Transatlantic Holdings, Inc. (TRH) announced that its preliminary estimate of pre-tax cost, net of reinsurance, related to Hurricane Wilma is...
Swiss reinsurer Converium announced that it will restate its financial accounts as soon as it has completed “an extensive internal...
A.M. Best Co. followed Standard & Poor’s and Fitch Ratings (See IJ Web site Nov. 3) in downgrading the financial...
Swiss Re announced that based on current estimates, it expects its aggregate claims for hurricanes Rita and Wilma to be...
Allied World Assurance Holdings, Ltd. [AWAC] has reported a net loss of $203.5 million for the third quarter of 2005,...
A.M. Best Co. announced rating actions on Germany’s Muenchener Rueckversicherungs (Munich Re) and its U.S. subsidiary American Re Corporation Group....
The Mississippi Department of Insurance has been the moderator for numerous Hurricane Katrina victims who claim damage they received from...