Filed Under:, Investigative

S&P: Industry Will Weather Early 2012 Tornado Outbreaks

Even though the 2012 tornado activity is already well above the year-to-date average for 2005-2011, Standard & Poor says the insurance and reinsurance industries should be able to sustain the losses, including the twisters that wreaked havoc on the Midwest.

“Insurance and reinsurance companies have barely caught their breath after sustaining more than $100 billion in catastrophe losses from 2011 global events, and they are already assessing this year’s damage from catastrophes,” says S&P in its March 15 Global Credit Portal.

Featured Video

Most Recent Videos

Video Library ››

Top Story

Hosting a Super Bowl 50 party? Watch out for these 5 risks

Follow these five tips to keep your guests and your home safe during your Super Bowl 50 party.

Top Story

Win big with these 7 food safety tips for your Super Bowl 50 party

Avoid food safety penalties at your Super Bowl party by following these seven tips.

More Resources

Comments

eNewsletter Sign Up

Claims Connection eNewsletter

Breaking news on disasters, fraud, legal trends, technology, and CE initiatives for the P&C claim professional – FREE. Sign Up Now!

Mobile Phone

Advertisement. Closing in 15 seconds.