XL Group plc announced preliminary net loss estimates related to the widespread floods in Thailand that reached their highest point during the quarter ended December 31, 2011. The company’s preliminary loss estimates, pretax and net of reinsurance and reinstatement premiums, …
Federal scientists say a new chemistry-based analysis of the 2010 oil spill in the Gulf of Mexico closely matches official estimates released at the time of the spill. The National Oceanic and Atmospheric Administration says a new study found that …
Vermont officials are expected to update damage estimates from Tropical Storm Irene. Gov. Peter Shumlin and administration officials will hold a media briefing on Monday. Some estimates say Vermont suffered $1 billion in damage from Irene flooding, which tore up …
The Verisk Catastrophe Index has been expanded beyond the hurricane peril to also cover U.S. earthquake risk, including fire following earthquake. The index provides industry-wide insured property loss estimates by county and line of business based on data from ISO’s …
Specialist insurer Amlin plc has released initial estimates of the impact of the 2011 New Zealand earthquake, the Japanese earthquake and the 2011 Queensland floods. The bulletin described the 2011 New Zealand earthquake as a “major catastrophe with market loss …