All Cat losses articles
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NewsNat cat insured bill hits ‘new high’ of $151bn annual loss average – Verisk
Exposure growth is expected to average 7.2%, according to a new report from catastrophe risk data and analytics firm Verisk.
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NewsLloyd’s reports H1 COR of 91.4%, despite Ukraine loss reserving
Market reveals a net investment loss of £3.1 billion for the first half, contributing to an overall loss of £1.8 billion
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NewsSevere weather events drive global insured catastrophe losses of USD 42 billion in first half of 2021
A deep winter freeze, hailstorms and wildfires contributed to natural catastrophe losses of USD 40 billion in the first half of 2021, according to Swiss Re Institute’s preliminary sigma estimates.
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NewsJust 4.5% of Asia cat losses insured in 2020
Economic losses due to natural catastrophes in the region reached $67 billion last year, indicating a huge gap and growth opportunity for re/insurers
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NewsEverest Re estimates catastrophe losses of $260m
Bermudian-based Everest said it is estimating pre-tax net catastrophe losses for the first quarter of $213 million in its reinsurance segment, and $47 million in its insurance segment for a total of $260 million.
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NewsAxis estimates first quarter catastrophe losses
The company is set to release its first-quarter results after the close of financial markets on April 28.
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News
United Insurance Holdings announces estimated current year cat losses incurred during the first Q
United Insurance Holdings Corp. today announced estimated current year catastrophe losses incurred during the first quarter ending March 31, 2021 of approximately $24 million before income taxes (approximately $19 million after tax), net of expected reinsurance recoveries. The Company’s first quarter catastrophe losses included claims from Winter Storm Uri, seven ...
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NewsLancashire profit slides on Covid and catastrophe losses
Insurer Lancashire Holdings Ltd saw its full-year profit slide, as losses related to Covid-19 and natural catastrophes took their toll. The Bermudian-based company said pretax profit fell to $5.9 million in 2020, down from $119.5 million in 2019. Net losses related to Covid-19, natural catastrophes including California wildfires and hurricanes ...
