Sentences with phrase «higher catastrophe claims»

AIG's profit fell 21 percent due to higher catastrophe claims and weaker investment income, while Prudential got a profit boost from its annuities business.

Not exact matches

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.
The New York - based insurer reported a 21 percent decline in first - quarter profit on Wednesday, due to higher catastrophe and bad weather claims, as well as weaker investment income.
The EAA model — direct - run schools with limited reliance on chartering and a high - tech approach — is far from the catastrophe that some critics claim.
I would propose, however, that several of the claims as written could be mutually incompatible, such as claims # 1 and # 5 — # 1 seems to imply a higher level of «catastrophe» than does # 5.
Her insurance coverage practice includes substantial experience in property claims - related litigation, including high - profile insurance coverage litigation arising out of the September 11 catastrophe.
Tennessee has a high number of overall catastrophes as well as a significant number of tornadoes, amounting to above average damage claims.
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