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By Phil Gusman, PropertyCasualty360.com |
March 18, 2011
A new wave of capital into the market, similar to what happened after Hurricane Katrina, is unlikely to occur after the magnitude 9.0 earthquake in Japan, as post-Katrina investment returns have not had the desired results, according to analyst firm Keefe, Bruyette & Woods.
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By Phil Gusman, PropertyCasualty360.com |
March 9, 2011
Based on property and casualty companies’ pre-announcements and other data, losses from the Feb. 22 New Zealand earthquake damages could be as much as three-times worse than the September quake in the same region, Morgan Stanley said.
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By Phil Gusman, PropertyCasualty360.com |
February 16, 2011
PartnerRe Ltd. said it is estimating 2011 first-quarter losses from catastrophe activity in Australia to be between $80 million and $110 million.
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By Phil Gusman, PropertyCasualty360.com |
July 14, 2010
Bermuda reinsurers are expected to have a difficult second quarter, with a challenging near-term outlook, as pricing remains under pressure with no sign of rate increases, and profits hit by recent losses, according to a financial analyst's report.
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By Daniel Hays |
April 9, 2010
The property and casualty insurance group is looking at limited top-line growth, but should record a profitable first quarter despite Chilean earthquake and winter storm losses, an investment bank's analysts said.
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