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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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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.
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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 syndicates have emerged as the largest writer of non-life reinsurance in Puerto Rico, analysis from The Insurance Insider has shown.
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Hurricane Maria promises to bring a significant commercial loss that will impact some of the industry's major international players, but the Puerto Rican domestic market is dominated by a cadre of relatively small local carriers that buy a significant amount of reinsurance.
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Cat bond prices improved at the end of last week as it became clear that Hurricane Irma was not going to be a major threat to the cat bond segment of the insurance-linked securities (ILS) market.
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As this year's hurricane season continued to show strong momentum with Hurricane Irma following shortly after Hurricane Harvey, investors grew increasingly wary of the P&C (re)insurance industry suffering the possibility of three-digit billion dollar losses and reacted accordingly.
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Projections from provisional gross loss estimates from listed Floridian insurers Federated National and Homeowners Choice (HCI) point to a $6.1bn privately insured homeowners' loss from Hurricane Irma in the state, analysis from The Insurance Insider shows.
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The Insurance Insider breaks down Florida premium ceded by the largest carriers