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Boeing Co has some insurance in case its aircraft are grounded, but it is far too soon to say whether the problems with the 787 Dreamliner will lead to significant claims, the head of the plane maker's lead insurer said on Wednesday.
Boeing Co has some insurance in case its aircraft are grounded, but it is far too soon to say whether the problems with the 787 Dreamliner will lead to significant claims, the head of the plane maker's lead insurer said on Wednesday.
New Generali boss Mario Greco hopes to raise 4 billion euros ($5.3 billion) from selling non-strategic businesses, in a "revolution" aimed at turbocharging the Italian insurer's financial performance by 2015.
New Generali boss Mario Greco hopes to raise 4 billion euros ($5.3 billion) from selling non-strategic businesses, in a "revolution" aimed at turbocharging the Italian insurer's financial performance by 2015.
Fine art insurers face claims of up to half a billion dollars, their biggest ever payout, to compensate the owners of artwork destroyed when Superstorm Sandy flooded galleries in New York.
Three of the Lloyd's of London insurance market's leading players owned up to a combined loss of about $375 million from superstorm Sandy and warned the final bill could change.
Britain has refused to bankroll a fund to subsidize insurance for households in flood-prone areas, derailing talks over the scheme and potentially leaving 200,000 homes without protection.
Britain has refused to bankroll a fund to subsidize insurance for households in flood-prone areas, derailing talks over the scheme and potentially leaving 200,000 homes without protection.
A ban on European Union insurers covering Iranian oil exports has forced shipowners to fall back on new, untested insurance providers, raising fears that governments may have to pay in the event of an oil spill.
Superstorm Sandy won't put insurers' finances under severe strain, and may allow them to push through a profit-boosting rise in prices next year, Hiscox , the biggest London-listed reinsurer, said on Monday.
{ "author": { "name": "Myles Neligan Reuters", "webUrl": "/author/profile/myles-neligan-reuters/", "description": "", "imageLarge": "https://secure.gravatar.com/avatar/f16d6fc2845f417ea0e93a3f2b6cd37d?s=136&d=mm&r=g", "estimate": 27, "social": [], "articles": [ { "uri": "/2013/01/31/boeing-insurer-too-early-to-say-how-big-787-claims/", "title": "Boeing Insurer: Too Early to Say How Big 787 Claims Will Be", "byline": " Myles Neligan, Reuters ", "kicker": "News", "prettyDate": "January 31, 2013", "timeToRead": "3 minute", "image": { "uri": "", "width": "", "height": "" }, "authors": [ { "webUrl": "/author/profile/myles-neligan-reuters/", "name": "Myles Neligan, Reuters" } ], "kickerNode": [ { "uri": "/news/", "sectionName": "News" } ], "summary": "Boeing Co has some insurance in case its aircraft are grounded, but it is far too soon to say whether the problems with the 787 Dreamliner will lead to significant claims, the head of the plane maker's lead insurer said on Wednesday.", "body": null }, { "uri": "/2013/01/31/boeing-insurer-too-early-to-say-how-big-787-claims-will-be/", "title": "Boeing Insurer: Too Early to Say How Big 787 Claims Will Be", "byline": "Myles Neligan, Reuters", "kicker": "News", "prettyDate": "January 31, 2013", "timeToRead": "3 minute", "image": { "uri": "", "width": "", "height": "" }, "authors": [ { "webUrl": "/author/profile/myles-neligan-reuters/", "name": "Myles Neligan, Reuters" } ], "kickerNode": [ { "uri": "/news/", "sectionName": "News" } ], "summary": "Boeing Co has some insurance in case its aircraft are grounded, but it is far too soon to say whether the problems with the 787 Dreamliner will lead to significant claims, the head of the plane maker's lead insurer said on Wednesday.", "body": null }, { "uri": "/2013/01/14/new-generali-boss-outlines-shift-toward-non-life-b/", "title": "New Generali Boss Outlines Shift Toward Non-Life Business to Boost Profits", "byline": " Lisa Jucca, Reuters, Myles Neligan, Reuters ", "kicker": "News", "prettyDate": "January 14, 2013", "timeToRead": "4 minute", "image": { "uri": "", "width": "", "height": "" }, "authors": [ { "webUrl": "/author/profile/lisa-jucca-reuters-myles-neligan-reuters/", "name": "Lisa Jucca, Reuters, Myles Neligan, Reuters" } ], "kickerNode": [ { "uri": "/news/", "sectionName": "News" } ], "summary": "New Generali boss Mario Greco hopes to raise 4 billion euros ($5.3 billion) from selling non-strategic businesses, in a "revolution" aimed at turbocharging the Italian insurer's financial performance by 2015.", "body": null }, { "uri": "/2013/01/14/new-generali-boss-outlines-shift-toward-non-life-business-to-boost-profits/", "title": "New Generali Boss Outlines Shift Toward Non-Life Business to Boost Profits", "byline": "Lisa Jucca, Reuters, Myles Neligan, Reuters", "kicker": "News", "prettyDate": "January 14, 2013", "timeToRead": "4 minute", "image": { "uri": "", "width": "", "height": "" }, "authors": [ { "webUrl": "/author/profile/lisa-jucca-reuters-myles-neligan-reuters/", "name": "Lisa Jucca, Reuters, Myles Neligan, Reuters" } ], "kickerNode": [ { "uri": "/news/", "sectionName": "News" } ], "summary": "New Generali boss Mario Greco hopes to raise 4 billion euros ($5.3 billion) from selling non-strategic businesses, in a \"revolution\" aimed at turbocharging the Italian insurer's financial performance by 2015.", "body": null }, { "uri": "/2012/12/21/art-insurers-face-record-loss-from-sandy/", "title": "Art Insurers Face Record Loss from Sandy", "byline": " Sarah Mortimer, Reuters, Myles Neligan, Reuters ", "kicker": "News", "prettyDate": "December 21, 2012", "timeToRead": "2 minute", "image": { "uri": "", "width": "", "height": "" }, "authors": [ { "webUrl": "/author/profile/sarah-mortimer-reuters-myles-neligan-reuters/", "name": "Sarah Mortimer, Reuters, Myles Neligan, Reuters" } ], "kickerNode": [ { "uri": "/news/", "sectionName": "News" } ], "summary": "Fine art insurers face claims of up to half a billion dollars, their biggest ever payout, to compensate the owners of artwork destroyed when Superstorm Sandy flooded galleries in New York.", "body": null }, { "uri": "/2012/12/18/lloyds-of-london-insurers-eye-375m-sandy-hit/", "title": "Lloyd's of London Insurers Eye $375M Sandy Hit", "byline": " Myles Neligan, Reuters ", "kicker": "News", "prettyDate": "December 18, 2012", "timeToRead": "2 minute", "image": { "uri": "", "width": "", "height": "" }, "authors": [ { "webUrl": "/author/profile/myles-neligan-reuters/", "name": "Myles Neligan, Reuters" } ], "kickerNode": [ { "uri": "/news/", "sectionName": "News" } ], "summary": "Three of the Lloyd's of London insurance market's leading players owned up to a combined loss of about $375 million from superstorm Sandy and warned the final bill could change.", "body": null }, { "uri": "/2012/11/26/talks-over-uk-flood-insurance-fund-break-down/", "title": "Talks over UK Flood Insurance Fund Break Down", "byline": " Myles Neligan, Reuters ", "kicker": "News", "prettyDate": "November 26, 2012", "timeToRead": "3 minute", "image": { "uri": "", "width": "", "height": "" }, "authors": [ { "webUrl": "/author/profile/myles-neligan-reuters/", "name": "Myles Neligan, Reuters" } ], "kickerNode": [ { "uri": "/news/", "sectionName": "News" } ], "summary": "Britain has refused to bankroll a fund to subsidize insurance for households in flood-prone areas, derailing talks over the scheme and potentially leaving 200,000 homes without protection.", "body": null }, { "uri": "/2012/11/26/talks-over-uk-flood-insurance-fund-break-down/", "title": "Talks over UK Flood Insurance Fund Break Down", "byline": "Myles Neligan, Reuters", "kicker": "News", "prettyDate": "November 26, 2012", "timeToRead": "4 minute", "image": { "uri": "", "width": "", "height": "" }, "authors": [ { "webUrl": "/author/profile/myles-neligan-reuters/", "name": "Myles Neligan, Reuters" } ], "kickerNode": [ { "uri": "/news/", "sectionName": "News" } ], "summary": "Britain has refused to bankroll a fund to subsidize insurance for households in flood-prone areas, derailing talks over the scheme and potentially leaving 200,000 homes without protection.", "body": null }, { "uri": "/2012/11/14/iran-oil-liability-fears-grow-as-insurance-ban-bit/", "title": "Iran Oil Liability Fears Grow as Insurance Ban Bites", "byline": " Jonathan Saul, Reuters, Myles Neligan, Reuters ", "kicker": "News", "prettyDate": "November 14, 2012", "timeToRead": "5 minute", "image": { "uri": "", "width": "", "height": "" }, "authors": [ { "webUrl": "/author/profile/jonathan-saul-reuters-myles-neligan-reuters/", "name": "Jonathan Saul, Reuters, Myles Neligan, Reuters" } ], "kickerNode": [ { "uri": "/news/", "sectionName": "News" } ], "summary": "A ban on European Union insurers covering Iranian oil exports has forced shipowners to fall back on new, untested insurance providers, raising fears that governments may have to pay in the event of an oil spill.", "body": null }, { "uri": "/2012/11/05/sandy-hit-manageable-for-insurers-hiscox/", "title": "Sandy Hit Manageable for Insurers: Hiscox", "byline": " Myles Neligan, Reuters ", "kicker": "News", "prettyDate": "November 05, 2012", "timeToRead": "3 minute", "image": { "uri": "", "width": "", "height": "" }, "authors": [ { "webUrl": "/author/profile/myles-neligan-reuters/", "name": "Myles Neligan, Reuters" } ], "kickerNode": [ { "uri": "/news/", "sectionName": "News" } ], "summary": "Superstorm Sandy won't put insurers' finances under severe strain, and may allow them to push through a profit-boosting rise in prices next year, Hiscox , the biggest London-listed reinsurer, said on Monday.", "body": null } ] } }
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