Now that 2011 is coming to a close, PC360 updates and revisits its list of top natural catastrophes of 2011.

Reinsurance company Everest Re Group Ltd. on Thursday said that claims related to the massive flooding this year in Thailand could cost it $100 million to $125 million after certain premiums and taxes.

If U.S. property and casualty insurers do not manage capital and maintain underwriting discipline after the many profit-draining factors the industry faced during the first nine months of 2011, some companies could feel the pressure of ratings downgrades, says insurance rating agency A.M. Best Co.

Pennsylvanians were approved for $420 million in disaster aid, but that figure will increase as pending applications continue to be processed, according to FEMA and PEMA officials.