Lloyd’s CEO Ward on 2011 Loss: ‘Not a Bad Result’ March 29, 2012 By Charles E. Boyle At first glance that statement may seem a little strange, considering that Lloyd’s reported an overall loss for the year...
Plan Now for Climate-related Disasters Warns U.N. Report March 29, 2012 By David Fogarty and Deborah Zabarenko A future on Earth of more extreme weather and rising seas will require better planning for natural disasters to save...
$370 Billion Econ. Losses for 2011; $116 Billion Insured, Says Swiss Re March 28, 2012 By Charles E. Boyle Although everyone is more or less aware that 2011 was a very bad year for losses from natural catastrophes, the...
Texas’ 2011 Drought Costliest in State History, Researchers Say March 22, 2012 By Jim Forsyth Texas agriculture producers lost $7.62 billion to the state’s 2011 drought, which experts said makes it the costliest drought in...
Henryville in Recovery Mode; School Wins Lady Antebellum Show March 22, 2012 The southern Indiana town of Henryville has moved into the long recovery phase from March 2 tornadoes that devastated the...
United Fire Says Losses from Storms May Be in $13M to $16M Range March 22, 2012 United Fire Group Inc., headquartered in Cedar Rapids, Iowa, announced that it expects its first-quarter results through March to include...
Thai Reinsurance Expects 2012 Loss from Floods March 8, 2012 By Khettiya Jittapong and Manunphattr Dhanananphorn Thai Reinsurance Pcl expects to post a net loss for a second year in 2012 as the country’s leading reinsurer...
Report: Arizona P/C Insurers See Premiums Written Fall and Losses Rise March 1, 2012 By Don Jergler A report on Arizona’s property/casualty insurers issued on Thursday shows a drop in written premiums to $7.4 billion, and a...
Fondiaria Battle Heats up as Funds Table Offer; AXA Interested February 23, 2012 By Gianluca Semeraro and Stephen Jewkes The battle for control of Italian insurer Fondiaria-SAI heated up on Wednesday when two private equity funds tabled a rival...
Best Analyzes Impact of Flood Losses on Thai Insurance Industry February 10, 2012 A.M. Best Co. has released a briefing that provides updated estimates of insurers’ losses from the Thailand floods. The overall...