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It wasn't until mid-July this year that I had ever heard the term "lava bomb" or thought about the prospect of a Category 6 hurricane. But both were in...
Fairfax Financial Holdings Ltd. said it is donating $1 million toward relief and recovery involving the recent floods in Kerala, India. The donation will be primarily through the Red Cross...
Zurich Insurance Group plans to extend its flood resilience alliance for a second five-year period, until 2023. The alliance, including non-profits, academia and Zurich's...
Property underwriters are feeling the pressure as cyber has become an increasing source of risk within the property insurance industry, according to...
XL Group reported losses exceeding $1 billion for the 2017 third quarter, blaming hurricanes Harvey, Irma and Maria for the results. The net loss of $1.04 billion for Q3 amounted to negative-$4.06 per fully diluted share, compared to $70.6 million in net income, or $0.25 per fully diluted share in the 2016 third quarter....
While hurricanes hammered Travelers with $700 million in pre-tax catastrophe losses, the property casualty insurer still ended its 2017 third quarter in the black...
Nationwide’s size and market presence may count against it in the short term, according to A.M. Best. The insurer has been saddled with a negative outlook issued...
As bad as September was in terms of natural disasters and the resulting costs, the 2017 third quarter as a whole could be positively historic as a result. A new report from...
Tropical Storm Nate has formed off of Nicaragua, threatening to inundate Central America, shut oil and gas rigs in the Gulf of Mexico and damage cotton and citrus crops across the U.S. South...
Losses from Hurricane Maria and other recent 2017 natural catastrophes, including Hurricanes Irma and Harvey, the Mexico City earthquakes and other events...
