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Risk tracker RMS predicts up to $5 billion in insured losses from Hurricane Florence

RMS' estimations include property damage and business interruption in residential, commercial, industrial and automobile businesses while factoring in post-event loss amplification......»»

Category: realestateSource: cnbcSep 24th, 2018

6 Insurers That Could Be on the Hook After Hurricane Florence

As Hurricane Florence nears landfall, analysts say that there could be as much as $20 billion of insured losses. Here are some insurers that could be left holding the bag......»»

Category: topSource: barronsSep 13th, 2018

Reinsurers Face Insolvency Risk As Analysts Fear Dorian"s Insured Losses Could Top $40 Billion

Insurances companies could be in serious trouble now that Hur.....»»

Category: blogSource: zerohedgeSep 2nd, 2019

Florence has potential to cause $5 billion in property damage

As hurricane Florence barrels through the Carolinas, billions of dollars in real estate are at risk of damage or destruction......»»

Category: topSource: moneycentralSep 14th, 2018

Florence could cause $5 billion in property damage

As hurricane Florence barrels through the Carolinas, billions of dollars in real estate are at risk of damage or destruction......»»

Category: topSource: moneycentralSep 14th, 2018

Florence could cause $5 billion in property damage

As hurricane Florence barrels through the Carolinas, billions of dollars in real estate are at risk of damage or destruction......»»

Category: topSource: moneycentralSep 14th, 2018

A Weaker Hurricane Florence Is Good News for Insurers Too

The potential insured damage caused by the storm was scaled back from as high as $20 billion to a range of $1 billion to $5 billion.....»»

Category: topSource: barronsSep 14th, 2018

Losses From Hurricane Florence Could Reach $30 Billion

Hurricane Florence killed at least 43 people as it rampaged through the Carolinas and Virginia. The storm also inflicted property damage that could rise to $30 billion, according to a report from........»»

Category: blogSource: 247wallstSep 25th, 2018

Hurricane Florence: Nearly $30 Billion in Estimated Losses

Earlier this month, H.....»»

Category: realestateSource: rismediaSep 30th, 2018

Credit Suisse Fires Risk Chief, Others As Archegos Losses Climb To $5 Billion

Credit.....»»

Category: blogSource: zerohedgeApr 5th, 2021

Supreme Court rules insurers such as now-gone Land of Lincoln entitled to $12B in Obamacare risk payments

By an 8-1 vote, the Supreme Court has ruled that insurance companies can collect $12 billion from the federal government to cover their losses in the early years of the health care law cha.....»»

Category: topSource: chicagotribuneApr 27th, 2020

Major U.S. investors have billions at risk in Chinese stocks

Major U.S. fund managers have tens of billion of dollars at stake in some of the most popular Chinese stocks on Wall Street, exposing them to potential losses should the White House move to delist Chinese firms from U.S. exchanges......»»

Category: topSource: reutersOct 1st, 2019

Dorian industry insured losses seen in several billions of dollars: Munich Re

Insured losses from Hurricane Dorian are expected to total several billions of dollars, German reinsurer Munich Re said on Sunday......»»

Category: topSource: reutersSep 8th, 2019

Over 600,000 Homes Face Potential Damage From Hurricane Dorian

A look at the areas most likely to be in the hurricane Dorian's path shows that about 668,0000 homes are at risk of damage. That could cost as much as $144 billion to repair......»»

Category: blogSource: 247wallstAug 30th, 2019

U.S. Senate passes long-delayed disaster relief bill

The U.S. Senate Thursday overwhelmingly approved a long-awaited $19.1 billion disaster relief bill that would send $3 billion to farmers in Georgia and other states who suffered crop losses from Hurricane Michael. The relief package was held up for m.....»»

Category: topSource: bizjournalsMay 23rd, 2019

U.S. Severe Weather And Hail Drove Billion-Plus Insured Losses In April: Aon

U.S. Severe Weather And Hail Drove Billion-Plus Insured Losses In April: Aon.....»»

Category: topSource: seekingalphaMay 15th, 2019

Here’s why property insurance premiums could be going up in Florida and in Tampa Bay

Three major hurricanes caused about $80 billion in insured losses nationwide for property and casualty insurers in 2017, but in Florida, legal maneuvers are as much a factor as weather in driving up pricing on homeowners’ insurance policies, a n.....»»

Category: topSource: bizjournalsJun 6th, 2018

Here’s why property insurance premiums could be going up in Florida

Three major hurricanes caused about $80 billion in insured losses nationwide for property and casualty insurers in 2017, but in Florida, legal maneuvers are as much a factor as weather in driving up pricing on homeowners’ insurance policies, a n.....»»

Category: topSource: bizjournalsJun 11th, 2018

Risk Aversion Widens as Trade Wars Intensify

DailyFX com Talking Points In response to China s retaliations to the United States 50 billion in tariffs this past week Trump threatened 200bln more The Dow suffers its worst series of losses in 14 months the Shanghai Composite plunged.....»»

Category: futuresSource: nasdaqJun 20th, 2018

Insured Disaster Losses Average At $17 Billion In First-Half 2018: Munich Re

Insured Disaster Losses Average At $17 Billion In First-Half 2018: Munich Re.....»»

Category: topSource: seekingalphaJul 12th, 2018

U.S. Severe Storms And Hail Drive Over $3 Billion Insured Losses In June

U.S. Severe Storms And Hail Drive Over $3 Billion Insured Losses In June.....»»

Category: topSource: seekingalphaJul 12th, 2018