How can US insurers deal with future pandemics? This just in from FAIR; Yesterday, the U.S. House Committee on Financial Services’ Subcommittee on Housing, Community Development and Insurance held a virtual hearing titled “Insuring Against a […]
RMS®, the world’s leading catastrophe risk solutions company, estimates total onshore U.S. insured losses from Hurricane Zeta to be between US$3 and US$5 bn. The estimate includes losses to the National Flood Insurance Program (NFIP) […]
RMS, the world’s leading catastrophe risk solutions company, estimates total onshore U.S. insured losses from Hurricane Delta to be between US$2.0 and US$3.5bn. The estimate includes losses to the National Flood Insurance Program (NFIP) of between […]
RMS, the world’s leading catastrophe risk solutions company, estimates that total U.S. insured losses from Hurricane Sally will be between US$2.0 and US$3.5 billion. The estimate includes losses to the National Flood Insurance Program (NFIP) […]
American International Group, Inc. (NYSE: AIG) recently reported financial results for the quarter ended June 30, 2020. AIG posted an underwriting loss of $343 million in its general insurance business, compared with a $147 million […]
Aon plc has issued the latest edition of its monthly Global Catastrophe Recap report, which evaluates the impact of the natural disaster events that occurred worldwide during June 2020. Verdict? It’s been a turbulent June, […]
Lewis Thomas, a Counter-Fraud Partner at Horwich Farrelly, the leading specialist insurance law firm, provides the following comment outlining the likely fraud challenges the insurance industry can expect as a result of the Covid-19 pandemic: […]
DBRS Morningstar has released a commentary entitled “Coronavirus: Likely Increases in P&C Insurance Claims in Certain Business Lines; Financial Markets’ Volatility Will Affect Investment Portfolios” that discusses the ways the Coronavirus Disease (COVID-19) can be […]
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