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Claims & Run-Off

Month: Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
  • January 2012

    Association of Run-Off Companies to rebrand 31 January 2012

    ARC to change name and move date and location of the ARC Congress.

  • Airline insurers turn first profit in 5 years: Aon 26 January 2012

    Airline insurers make a profit in 2011 - a result of the market's loss figure falling to $1.1bn from $2.1bn in 2010, says Aon Risk Solutions.

  • Joachim insured losses Eu300m: Perils 26 January 2012

    Perils releases initial insured loss estimate for windstorm Joachim, which occurred in western Europe from December 15 to 17 last year.

  • Zurich estimates Thai loss, ups NZ loss 26 January 2012

    Zurich Financial Services assesses impact of floods in Thailand, revises estimate of earthquakes in New Zealand, and announces reinsurance recovery.

  • RenRe announces Thai flood loss 25 January 2012

    The Bermudian reinsurance firm also expects to take a hit of $31m in its weather and energy risk management operations from warm weather in the UK and US.

  • Marine insurers assess Costa Concordia loss 23 January 2012

    Analysis: Willis and Moody’s have provided views on the severity of damage to the insurance and reinsurance industry Costa Concordia, and the indications are not positive, while Munich Re and Hannover Re give initial loss estimates.

  • More rates rising than falling – Holborn 03 January 2012

    Reinsurance market rates have “increased by meaningful amounts” over the past six months, says a report from US reinsurance broker Holborn.

  • Peru Earthquake Mw6.3 30 Jan 2012 - Updated 1 February. On Monday, 30 January a magnitude Mw6.3 (regional moment ...
  • US Severe Convective Storm 24 Jan 2012 - A severe weather outbreak across the southern U.S. late Sunday, 22 / ...
  • Tropical Cyclone Heidi 12 Jan 2012 - Around 18:30UTC on Wednesday, 11 January (04:30am Wednesday, 12 January, local time) ...
For more catastrophe reports, data and news, click through to the RMS/Reactions Catastrophe Centre.

Poll

Catastrophe bond issuance was $4.3bn in 2011. How much new issuance will there be in 2012?

Less than $3bn
0%
$3bn-$4bn
67%
$4bn-$5bn
0%
$5bn-$6bn
33%
$6bn-$7bn
0%
More than $7bn
0%

Quote

If last year was the year of the cat, then this year could be the year of the debt crisis.

Mike Van Slooten, head of international market analysis at Aon Benfield