All Property articles – Page 3
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Country FocusIsrael: Eye of the storm
Israel is a relative oasis of calm in a region being torn apart by civil war and natural disaster. GR reports on the state of the nation for the reinsurance sector
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Analysis1 April renewals: Acting local
Following a staggering run of natural catastrophes, the industry has been awaiting the 1 April renewals with interest. While rates on a local level have seen some rises, high levels of reinsurance capital are suppressing a wider hardening
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Online onlySouthern US hit by record tornadoes
Widespread destruction across Mississippi and Alabama
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Online onlyChaucer faces £35m Japan claims bill
Insurer is also seeking improved terms and conditions for cat exposed business
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People & OpinionEd Noonan, Validus
Validus boss Ed Noonan can quip with the best of them, but beneath the grin lies a tough customer, as his company’s hostile takeover of IPC proved. He talks here about the deal of the decade – and what’s next on the agenda
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Online onlyAon Benfield joins China to boost typhoon research
Alliance aims to develop historical database to help with consistent risk profiling
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Online onlyJapan losses could top $34bn
Biggest uncertainty remains strength of contingent business interruption insurance
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ClaimsOn shaky ground
As catastrophes wreak havoc across the world, reinsurers face the all too familiar aftershock of claims handling.We examine the continuing learning curve
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Online onlyReinsurers have ‘exhausted their 2011 cat budgets’
Willis Re says 2011 disasters so far could subdue M&A and buy-backs
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Online onlyAIR revises Japan losses down to $20bn-$30bn
Tsunami loss alone estimated to be almost $10bn
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AnalysisMopping up
The recovery effort has begun, but confusion over what really happened during the Australian floods and the scale of the damage could mean reinsurers end up paying out more than they need to
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Online onlyRenRe expects "significant" hit from Japan quake
Reinsurer expects to pay out $220m for Australia and NZ events
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Online onlyFitch: Japan losses will be "manageable"
AIR estimates insured property losses range from $15bn to $35bn
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Online onlyHannover Re reports record profits despite sharp claims increase
Full year net income €748.9m
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