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By Chad Hemenway, PropertyCasualty360.com |
January 6, 2012
Only catastrophe-exposed and loss-affected reinsurance contracts experienced any significant upward movement in rates at the Jan. 1 renewals, according to one top executive.
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By Chad Hemenway, PropertyCasualty360.com |
January 3, 2012
Only catastrophe-exposed and loss-affected reinsurance contracts experienced any significant upward movement in rates, according to one top executive.
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By Chad Hemenway, PropertyCasualty360.com, Mark E. Ruquet, PropertyCasualty360.com |
May 16, 2011
Catastrophe-risk modeler EQECAT has dramatically changed its estimate of insured losses from the Tohoku, Japan earthquake to between $22 billion and $39 billion.
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By Chad Hemenway, PropertyCasualty360.com |
May 4, 2011
Reinsurance brokerage firm Holborn says estimates of insured losses from the Tohoku, Japan earthquake and tsunami in March are off by as much as $23 billion.
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By Chad Hemenway, PropertyCasualty360.com, Mark E. Ruquet, PropertyCasualty360.com, Susanne Sclafane, PropertyCasualty360.com, Phil Gusman, PropertyCasualty360.com |
March 18, 2011
In the wake of a magnitude 9.0 earthquake that struck Japan on March 11, with insured-loss estimates reaching as high as $35 billion, analysts and rating agencies fell on either side of the debate about whether the event will cause a turn in the long-running soft-market cycle.
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By Susanne Sclafane and Chad Hemenway, PropertyCasualty360.com |
March 14, 2011
The insurance industry is just beginning to grasp the consequences following the massive earthquake and tsunami in Japan late last week, with one catastrophe modeler estimating insured property losses at $35 billion.
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By Chad Hemenway and Mark E. Ruquet, PropertyCasualty360.com |
March 11, 2011
Despite the size of its nonlife insurance market, Japan insurance penetration is very low, particularly in commercial and industrial lines, said modeler Risk Management Solutions.
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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 Chad Hemenway, PropertyCasualty360.com |
February 14, 2011
Recent flooding in Queensland, Australia, has resulted in about $2 billion in insured losses according to The Insurance Council of Australia.
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By Chad Hemenway, PropertyCasualty360.com |
February 8, 2011
Independent reinsurance brokerage firm Holborn said the first quarter has been an eventful one for reinsurers, who will post losses on several events including a recent cyclone and flooding in Australia and developing losses from the New Zealand and Chilean earthquakes in 2010.
