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Loss estimates for the Q3 catastrophes from modelling companies and industry associations
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A look-up table of all the Q3 loss announcements so far by company
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With third quarter earnings disclosures just around the corner, the market is bracing itself for a red Q3 following the losses generated by the recent hurricane season.
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Look-up tables of all the Q3 loss announcements so far by event
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Recent company pre-announcements for Q3 catastrophe events have surprised the market, with some loss numbers coming in well above analysts' expectations.
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Loss estimates for the Q3 catastrophes from modelling companies and industry associations
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State Farm had the most to lose from Hurricane Nate when it blew ashore in Louisiana over the weekend, based on the company's market share in the Bayou State.
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A look-up table of all the Q3 loss announcements so far by company
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With the third quarter now in the books and (re)insurers obliged to quantify their losses for investors during reporting season, a number have started to pre-announce their expected share of the glut of cat losses.
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Lloyd's posted a better combined ratio for the first half of 2017 than for the prior-year period, but this wasn't enough to prevent a drop in pre-tax profits.
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A long-term decline in non-fatal workplace accidents and injuries combined with improving loss experience helped workers' compensation carriers to greater profitability last year as premiums climbed to a record $58.5bn
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(Re)insurance stocks climbed by 3.8 percent in the third quarter to hint at investor confidence in carrier balance sheets, despite an onslaught of natural catastrophes that threaten to wipe out the year's reinsurance premium intake.