Sandy
Willis Re: Superstorm Sandy Impacts Downwards Pricing Pressure on Reinsurers and Marine Classes Suffer Worst Year in Recent History at 1.1. Renewals
With natural catastrophe losses for 2012 estimated at fifty percent less than last year’s losses of USD 120 billion, most reinsurers are not facing...
Zurich : Superstorm Sandy impact at $700 million
Swiss insurer Zurich Insurance Group said on Monday that Superstorm Sandy had hit it with claims worth about $700 million (532 million euros).
"It's difficult...
XL Group : announces preliminary loss estimates for storm Sandy
XL Group has announced its preliminary net loss estimate related to Storm Sandy of $350 million, pretax and net of reinsurance and reinstatement premiums....
Swiss Re : estimates Sandy will cost it $900 million
Swiss reinsurance group Swiss Re has estimated that it will have to pay around 900 million dollars (695 million euros) in claims stemming from...
AIR Worldwide : updates loss estimates for post-tropical Cyclone Sandy
Since Sandy made landfall as a post-tropical cyclone on October 29, 2012, in southern New Jersey, catastrophe modeling firm AIR Worldwide has been analyzing...
Allianz : profits up seven-fold in third quarter
German insurance giant Allianz announced that net profit soared nearly seven-fold in the third quarter, because year-earlier figures had been hit by heavy writedowns...
Aon Solutions : business recovery following post-tropical Cyclone Sandy
Even as civil authorities work to open its office at 199 Water St. in lower Manhattan, Aon Risk Solutions continues to help organizations recover...
S&P : strong earnings to date in 2012 should cushion the impact of Superstorm Sandy on re-insurers
Based on preliminary insured loss estimates, Standard & Poor's expects Hurricane Sandy to have a limited impact on the ratings on U.S. property/casualty (P/C)...
