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$65bn in 2012 nat cat and man-made insured losses
Superstorm Sandy has added an estimated $20bn-$25bn to the 2012 insured loss tally, taking total losses from natural catastrophes and man-made disasters to around $65bn, according to research from Swiss Re's research arm, Sigma.
19 December 2012
SCOR given ratings boost to aid recovery
When Standard & Poor's (S&P) raised France-based reinsurer SCOR's rating from "BBB+" to "A-" this month it was yet another positive sign that the firm has returned to a position of profitability and stability.
10 August 2005
Chartis CR disappoints
While parent AIG reported a moderate $455mn third quarter net profit - compared to the giant $24.5bn net loss of Q3 2008 - Chartis disappointed on its core underwriting.
11 November 2009
SVB continues recovery with trebling profits; Villers to step aside
Lloyd’s insurer SVB showed signs of a continuing turnaround last week, announcing a trebling of operating profits and combined ratio recovering to below 100 percent.
15 September 2003
Brit says no to 1,050p Apollo bid
Brit Insurance has rejected US private equity firm Apollo's 1,050p approach, but said it would be willing to consider a higher offer.
02 July 2010
Sportscover blots latest crop of syndicate forecasts
Four more non-aligned Lloyd's syndicates have updated their forecast results for the 2009 and 2010 years of account, revealing results that are broadly in line with past predictions.
29 February 2012
Kamp Re is extended
Administrators of loss-hit Kamp Re 2005, Zurich Financial Services' (ZFS) catastrophe bond, have extended the original maturity date by a month, to 14 January 2008, pending a final determination of the loss amounts.
26 November 2007
Sandy BI claims show signs of drop-off
Telecommunications company Verizon is the most prominent insured to indicate that its business interruption losses from Sandy will probably be lower than first feared, it is understood...
16 January 2013
Swiss Re: 2006 cats cost industry just $15bn
After last year’s record catastrophe insured losses of more than $100bn, the benign conditions of 2005 look like costing the (re)insurance industry just $15bn in losses from natural and man-made catastrophes, according to preliminary figures from Swiss Re
02 January 2007
Property group BPF call for Government flood investment
The British Property Foundation (BPF) has called on the UK Government to invest in measures to prevent a repeat of 2007's summer floods.
28 April 2008
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