Sentences with phrase «of all catastrophe losses»

First quarter net income of $ 669 million and core income of $ 678 million, up 8 % and 10 %, respectively, from the prior year quarter, which includes $ 354 million pre-tax ($ 280 million after - tax) of catastrophe losses.
The most directly comparable GAAP financial measure is the combined ratio, which is computed by adding total incurred losses and LAE, including the impact of catastrophe losses and loss and LAE reserve development from prior years, with the insurance expense ratio.
These results increased primarily from a lower level of catastrophe losses and improved underlying performance in the Property & Casualty division.
A global catalogue of catastrophe losses was constructed (MuirWood et al., 2006), normalised to account for changes that have resulted from variations in wealth and the number and value of properties located in the path of the catastrophes... Once the data were normalised, a small statistically significant trend was found for an increase in annual catastrophe loss since 1970 of 2 % per year.
From 1991 to 2010, hurricanes, tropical storms and related flooding caused about 44 % of all catastrophe losses, with tornadoes making up 30 % and winter storms about 7.5 %.
Winter Storms are Third Largest Cause of Catastrophe Losses, behind Hurricanes and Tornadoes; Is Your Home Prepared?

Not exact matches

the Company's share repurchase plans depend on a variety of factors, including the Company's financial position, earnings, share price, catastrophe losses, maintaining capital levels commensurate with the Company's desired ratings from independent rating agencies, funding of the Company's qualified pension plan, capital requirements of the Company's operating subsidiaries, legal requirements, regulatory constraints, other investment opportunities (including mergers and acquisitions and related financings), market conditions and other factors.
The combined ratio of 97.5 % improved 2.1 points due to higher net favorable prior year reserve development (1.7 points) and a benefit (0.8 points) from catastrophe losses, partially offset by a higher underlying combined ratio (0.4 points).
The combined ratio of 74.7 % improved 4.7 points due to higher net favorable prior year reserve development (3.4 points), a lower underlying combined ratio (1.2 points) and lower catastrophe losses (0.1 points).
Catastrophe losses in the first quarter of 2018 primarily resulted from winter storms in the eastern United States, a wind and hail storm in the southern United States and mudslides in California.
Travelers Reports First Quarter Net Income and Core Income per Diluted Share of $ 2.42 and $ 2.46, Respectively, Up 12 % and 14 %, Which Includes Catastrophe Losses of $ 1.01 per Diluted Share
Travelers, which is seen as a bellwether for the insurance sector, said catastrophe losses, net of reinsurance, widened 2 percent to $ 354 million in the first quarter.
The combined ratio of 97.5 % increased 1.1 points due to a higher underlying combined ratio (1.1 points) and higher catastrophe losses (0.1 points), partially offset by higher net favorable prior year reserve development (0.1 points).
In the opinion of the Company's management, this measure is meaningful to users of the financial statements to understand the Company's periodic earnings and the variability of earnings caused by the unpredictable nature (i.e., the timing and amount) of catastrophes and loss reserve development.
«It's not the run - of - the - mill loss you should be thinking about, but the home run, out - of - the - park catastrophe,» says David Young, a former insurance broker and risk manager now advising at the Small Business Development Center in Seattle.
It estimated losses of about $ 1 billion each from Harvey and Irma, up to $ 700 million from Maria and additional catastrophe losses, including earthquakes in Mexico, of about $ 150 million.
Finance Minister François Baroin of France said Friday that the loss of his country's pristine AAA rating, cut a notch to AA +, was «not good news» but was «not a catastrophe
Catastrophe losses were $ 6.1 million in the first quarter of 2018, compared to $ 42.7 million last year.
Oct 30 (Reuters)- Hurricane Sandy appears to have easily caused more losses than last year's Hurricane Irene, but final totals will be hard to come by for some time because of the scale of the disaster, catastrophe forecasting companies said on Tuesday.
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.
The estimated impact of historical catastrophes on today's exposures», a repeat of Donna in 2005 would have caused $ 26 billion in insured losses.
«Catastrophe modeler AIR Worldwide expects industry insured losses of $ 20 - $ 65 [billion]... based on the track as of Friday evening, and our sense is losses could be at the lower end of the range as the storm weakened faster than expected.»
That word «teleological» is the key to MacIntyre's solution, the loss of which is the cause of the catastrophe described in his science - fiction parable.
«In the wake of this human catastrophe we have to ask ourselves if we are really prepared to deal with a natural disaster or a terrorist event at Indian Point or collateral issues like loss of power or inability to cool fuel rods,» Lowey said.
«It is still too early to evaluate the current flood catastrophe and its related losses, especially because the floodwaters have yet to drain away,» said Anette Lamberts, Munich Re's head of media relations.
For humans, the loss of limbs is almost always an irreversible catastrophe.
The gauntlet Juno ran at Jupiter held many chances for catastrophe: The spacecraft might have been knocked out by intense magnetic fields (at that distance, 20 times stronger than Earth's), ionizing radiation (a total dose of 265 rads — more than enough to kill a human being), dust particles from Jupiter's rings (from which the main engine was completely unshielded) or loss of power if the solar arrays were unable to reorient to the sun.
The bulk of these losses can be attributed to sprawl in regions prone to catastrophe — the total area of coastal development in Florida has increased over 30 percent since 1990.
Nostalgia Director Mark Pellington tries to create a sense of loss and mystery, with this rambling story of various people suffering from grief or catastrophe, but while the attempt is occasionally effective, the story becomes grim and lugubrious.
A story of loss, adventure, and the search for friendship in the wake of catastrophe, Close Your Eyes, Hold Hands is one of Chris Bohjalian's finest novels to date - breathtaking, wise, and utterly transporting.
That amount of money should be enough to help you handle any catastrophe or job loss and give you a cushion to get back on your feet.
To avoid a catastrophe, forex traders usually implement a strict trading style that includes the use of stop orders and limit orders designed to control potential losses.
Most home insurance claims aren't «total loss» catastrophes, but rather smaller claims for things like smoke, water or theft issues, says Matt Naimoli, co-owner of the Massachusetts - based G&N Insurance.
That means, if your home is not insured to rebuild in case of any catastrophe, your lender has a security interest in the loss settlement from your insurer to the tune of the loan balance and any accrued penalty and interest.
[My ZMNO & NWT losses are actually limited to 25 - 30 % (vs. original entry prices), despite their collapsing share prices — i.e. mostly unrealised gains were incinerated — not a happy state of affairs, but no catastrophe either].
Though it may have seemed a good idea at the time, allowing for lower quality collateral has caused the creditworthiness of several catastrophe bonds to suffer as Lehman defaulted, and as losses on subprime mortgages rose.
«We define pre-tax catastrophe losses in excess of $ 100 million from a single event or series of related events as significant.
Feline Idiopathic Cystitis (FIC), also known as Feline Decrease Urinary Tract Disease (FLUTD) and Feline Urological Syndrome (FUS) is a standard situation that causes bladder pain, home soiling, and in male cats a life - threatening catastrophe known as urinary obstruction Although the causes of the situation are controversial, most experts believe that weight loss program plays a task.
- SAS Travel can not take responsibility for additional costs due to unfavorable weather conditions, natural catastrophe, strikes, accidents, illness, injury, loss of personal items, etc..
- SAS TRAVEL DOES NOT TAKE RESPONSIBILITY FOR ADDITIONAL COSTS DUE TO UNFAVORABLE WEATHER CONDITIONS, NATURAL CATASTROPHE, STRIKES, ACCIDENTS, ILLNESS, INJURY, LOSS OF PERSONAL ITEMS, ETC..
SAS Travel does not take responsibility for additional costs due to unfavorable weather conditions, natural catastrophe, strikes, accidents, illness, injury, loss of personal items, etc..
- SAS Travel does not take responsibility for additional costs due to unfavorable weather conditions, natural catastrophe, strikes, accidents, illness, injury, loss of personal items, etc..
In an installation comprising fragments of body parts made of wood, clay, and stone scattered in foetal positions, Kiri Dalena's Monument for a Present Future (2013) recalls the ash - covered bodies in the wake of Mt. Vesuvius's eruption in A.D. 79, suggesting that the loss of lives will always count as the greatest tragedy in the aftermath of catastrophes or atrocities.
I wrote about «The Varied Costs of Catastrophe» after Japan's devastating earthquake and tsunami, comparing the human and financial losses to those from the 2004 Indian Ocean tsunami.
Munich Re, «Natural Disasters: Billion - $ Insurance Losses,» in Louis Perroy, «Impacts of Climate Change on Financial Institutions» Medium to Long Term Assets and Liabilities,» presented to the Staple Inn Actuarial Society, 14 June 2005; Munich Re, Topics Geo Significant Natural Catastrophes in 2004, 2005, and 2006 (Munich: 2005, 2006, and 2007.
Of the 58 natural catastrophes with $ 1 billion or more of insured losses recorded through the end of 2006, 3 were earthquakes, including the devastating 2004 earthquake - related Asian tsunami; the other 55 were weather - related — storms, floods, hurricanes, or wildfireOf the 58 natural catastrophes with $ 1 billion or more of insured losses recorded through the end of 2006, 3 were earthquakes, including the devastating 2004 earthquake - related Asian tsunami; the other 55 were weather - related — storms, floods, hurricanes, or wildfireof insured losses recorded through the end of 2006, 3 were earthquakes, including the devastating 2004 earthquake - related Asian tsunami; the other 55 were weather - related — storms, floods, hurricanes, or wildfireof 2006, 3 were earthquakes, including the devastating 2004 earthquake - related Asian tsunami; the other 55 were weather - related — storms, floods, hurricanes, or wildfires.
A new report by Lloyd's, which consulted the world's largest catastrophe modelling firms, says a 20 cm rise in the sea level at the southern tip of Manhattan Island increased Superstorm Sandy's surge losses by 30 % (up to $ 8bn) in New York alone.
For instance, globally there has been a more than threefold increase in loss - related floods since 1980 and more than double the number of windstorm natural catastrophes, with particularly heavy losses as a result of Atlantic hurricanes.
A. 2 of Miller, Muir - Wood and Boissonnade, An exploration of trends in normalized weather - related catastrophe losses.
Similarly, the debate is permeated with the assumption that climate change will bring ecological catastrophe in its train with major loss of species diversity in its train.
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