All Catastrophe articles – Page 17
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Analysis
Heath Lambert market review
"Horrific" loss of life but benign catastrophe year mean losses retained by primaries
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Tornadoes tear through US Mid-South
Storms killed nearly 50 people and destroyed property across the Mid-South
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Analysis
Allstate forced to defend rate hikes
A Florida Senate panel grills the insurer after banning it from the state
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CCRIF announces new measures for 2008
Premiums down; attachment point decreased to one in 15 year events
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Europe counts cost of winter storm
Wind speeds associated with this winter's storms have been relatively light
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New study pinpoints danger of sea surface warming
Benfield scientists say sea surface warming was responsible for about 40% of the increase in Atlantic hurricane activity
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Allstate profit drops 37% on cat losses
Net income drops to $760m from $1.21bn the previous year; combined ratio up to 95.9%
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Carvill promotes Smith
Dr Steve Smith to become president of property solutions for ReAdvisory
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Swiss Re joins IFEX
Reinsurer will make markets in the US Tropical Wind Event Linked Futures
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Syndicates to cover forestry industry
Through "ForestRe" Lloyd’s will underwrite the world’s only forestry-focused portfolio
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Swiss Re moves carbon emissions desk to UK
Move due to London becoming "epicentre for carbon markets"
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Analysis
Political risk pandemic
Aon's fifteenth political risk map reveals some unnerving political and economic risk trends around the world
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Florida Commissioner bans Allstate
McCarty cites Allstate’s “blatant disregard” after the insurer submits objections to subpoenas
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AIG winds up sidecar
Moody's withdraws ratings on Concord Re; sidecar terminated following benign weather
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IFEX cuts margins to $500
Reduces maintenance margin on its US Tropical Wind Event Linked Futures contracts to $500 per $10,000 contract
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New TRIA praised by Moody's
Report says the Terrorism Risk Insurance Program Reauthorization Act of 2007 provides industry with "certainty"
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RMS warning on ice storms
Repeat of the 1998 US Ice Storm could generate up to $3bn in insured losses