Higher costs from the lawsuits this year would be reflected in rates for reinsurance — which is insurance that insurance companies must buy to ensure they can pay
claims after a catastrophe — by June 1 of next year, he said.
Not exact matches
Dividends also took a hit with the insurer declaring a final dividend of 4c per share, down from the 33c payout a year ago,
after catastrophe claims contributed to a $ 632 million
after tax cash loss during the second half.
How long
after any historic
catastrophe, Jewish or general, have its survivors been around to tell their story and
claim special status?
An action group
claimed their warnings of a «
catastrophe» fell on «deaf ears»
after highlighting safety concerns three years ago.
He
claims that he barely nudged one and a domino effect of
catastrophe resulted, but I like to imagine that
after months of their fragrant labels staring at him, he just couldn't take it anymore.
This has the countervailing advantage for investors, that
after a major
catastrophe, the brokers will always do well, because rates rise, and the brokers have no risk of getting tagged for
claims.
There are even companies out there exploring using drones for
claims adjusting, such as
after a
catastrophe strikes.
Lloyd's made a # 516m loss in 2011
after paying out the largest
catastrophe claims on record — caused by earthquakes in Japan and New Zealand, storms in the US, and floods in Thailand and Australia.
I would ask why,
after being driven to needless over-reaction so many times, aren't we far, far more skeptical of any
claimed catastrophe that fits the «signature» above?
There are even companies out there exploring using drones for
claims adjusting, such as
after a
catastrophe strikes.