Journals By Industry - Catastrophic Losses

When John Fogerty musically asked "Who'll Stop the Rain?" 40 years ago, he was pondering the world's disquiet. But given the economic and insured damage from natural catastrophes that deluged the U.S. and...

HAMILTON, Bermuda -- Aspen Insurance Holdings Limited ("Aspen") (NYSE: AHL) today announces an initial estimate of losses of $54 million, net of applicable reinsurance, reinstatement premiums and tax, for the flooding in Thailand....

AXIS Capital Updates Loss Estimates for Catastrophe Events in the First Three Quarters of 2011 PEMBROKE, Bermuda -- AXIS Capital Holdings Limited ("AXIS Capital" or the "Company") (NYSE: AXS) today announced that the...

HAMILTON, Bermuda -- Alterra Capital Holdings Limited ("Alterra") (NASDAQ: ALTE; BSX: ALTE.BH) today announced that it expects to record fourth quarter 2011 losses from catastrophe events of approximately $50 million, including an initial...

OLDWICK, N.J. -- A.M. Best Co. has revised the outlook to stable from positive and affirmed the financial strength rating of A- (Excellent) and issuer credit rating of "a-" of Midwest Family Mutual...

New Solutions Revolutionize the Property Insurance Claims Process from Underwriting to Settlement NEEDHAM, Mass. -- Enservio (www.enservio.com), the nation's leading provider of contents inventory creation, valuation and replacement services and software, today announced...

OLDWICK, N.J. -- A.M. Best Co. has downgraded the financial strength rating to B++ (Good) from A- (Excellent) and issuer credit rating to "bbb+" from "a-" of GHS Property and Casualty Insurance Company...

PEMBROKE, Bermuda -- Regulatory News: PartnerRe Ltd. (NYSE, Euronext: PRE) today announced that the Company expects to record a charge of approximately $120 million, pre-tax and net of retrocession and reinstatement premiums, in...

CHICAGO -- According to a new Fitch Ratings report, Bermuda (re)insurers overall have been able to weather the recent storm of heightened catastrophe losses, and should be well-positioned to take advantage of improvements...

OLDWICK, N.J. -- A hard market may be two to three years down the road, according to industry experts who spoke at the Property/Casualty Insurance Joint Industry Forum. BestWeek U.S./Canada offers extensive coverage...

OLDWICK, N.J. -- A.M. Best Co. has revised the outlook to stable from negative and affirmed the financial strength rating of A (Excellent) and issuer credit rating of "a" of Lawyers' Professional Indemnity...

OLDWICK, N.J. -- A.M. Best Co. has affirmed the issuer credit rating (ICR) of "aa" of the Maiden Re - ARI Reinsurance Trust Agreement (trust) dated January 1, 2010, between Maiden Reinsurance Company...

HONG KONG -- Devastating earthquakes in Japan and New Zealand were among the biggest natural catastrophes, making 2011 a record year for insured losses, according to an article in the current edition of...

HAMILTON, Bermuda -- Arch Capital Group Ltd. (NASDAQ: ACGL) today announced that the Company's 2011 fourth quarter results will be negatively impacted by the severe flooding in Thailand in the range of $35...

PEMBROKE, Bermuda -- Validus Holdings, Ltd. (NYSE: VR) ("Validus" or the "Company") today provided an initial estimate of losses from the severe flooding that took place in Thailand during the fourth quarter of...

RICHMOND, Va. -- Kinsale Insurance Company, a specialty P&C insurance operation headquartered in Richmond, Virginia, is now eligible to write business on a surplus lines basis in all states and the District of...

NEW YORK -- Fitch Ratings today affirmed the 'A-' insurer financial strength (IFS) rating of Montpelier Reinsurance Ltd. (Montpelier Re), the principal (re)insurance operating subsidiary of Montpelier Re Holdings Ltd (Montpelier) (full rating...

OLDWICK, N.J. -- A.M. Best Co. hasupdated its 2011 statement year "Property/Casualty Supplemental Rating Questionnaire" (SRQ) in several key areas. The areas affected include: Fixed Income Portfolio Analysis, Aging of Uncollected Premiums, Price...

Economic momentum appears to be evident--finally. That was the consensus view from a panel of seven professionals assembled at the San Diego Business Journal's 2012 Economic Trends event Jan. 5 at Paradise Point...