Sentences with phrase «of catastrophe insurance»

What are the different kinds of catastrophe insurance and how do you decide which coverage you really need?

The cost of catastrophe insurance varies as there are a number of variables that impact premiums, including the types of risks you face, the type of structure you live in and how much coverage you want.

There are various types of catastrophe insurance available to cover different types of natural disasters as well as major damage caused by terrorism.

Not exact matches

You can purchase a contingent policy, which is about half the price of regular insurance and will serve as backup insurance in the event of a catastrophe.

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.

«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.

But that long history of data on past catastrophes does not exist in the cyber insurance policy world, says Stephen Boyer, the CTO and co-founder of risk - rating company BitSight, a company that assesses company risk for cyber policies written by AIG, Travelers, and others.

I shutter at the mention of «catastrophe insurance» and wonder how much worse things can get for the world economy.

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.

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.

«They reinstated their cover and have group risk and catastrophe cover which really caps the exposure, with the risks transferred to their reinsurance entity Equator Re,» said S&P global ratings director of insurance ratings Craig Bennett.

This insurance will protect both you and your lender from suffering a financial catastrophe in the case of a fire or other damage to the home you have purchased.

This means that the cost of home ownership in the immediate affected areas could be higher, as homeowner's insurance premiums may increase because of the catastrophe.

Over the years, the company expanded to encompass all of Michigan and diversified into risk management, catastrophe adjusting, medical review and case management to reflect the diverse services for the insurance and risk industry.

In an older day, insurance policies used to express this idea when they spoke about natural catastrophes and other such happenings as «acts of God.»

The companies, which in effect insure the insurance industry, fear a rising tide of claims for climatic catastrophes.

I, for one, certainly don't have time to review reams of paper to make sure my renters insurance company is going to have the money it needs in the event of a catastrophe.

You will need insurance on your home as the mortgage lender wants both you and them to be covered in the case of a catastrophe.

Virginia Renters Insurance is just one of the many policies we offer to ensure everyone is protected in case of catastrophe.

Parke Crescent renters insurance from Effective Coverage will help cover some of the costs to replace damaged property in the event of a fire, theft, natural disaster and any other catastrophe.

With coverage for fire, smoke damage, and explosion, a Chicago renters insurance policy is exactly what you need in the event of a catastrophe.

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 Iinsurance 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 InsuranceInsurance.

However, too few renters take advantage of a renters insurance policy, making those cost savings disappear in the event of a catastrophe.

To help you be prepared for those sorts of catastrophes, Willmax has partnered with Effective Coverage to bring you Retreat At Steeplechase renters insurance.

That's why you'll want to continue staying ahead of the competition by purchasing our renters insurance which will save you tens of thousands of dollars from inevitable catastrophe.

With over 200,000 thefts, 10,000 fires, and hundreds of natural catastrophes, California renters insurance is necessary.

Your Laurel Manor renters insurance will cover part of the cost to replace your damaged property due to a fire, flood, natural disaster or any other catastrophe.

Also, they tend to use insurance as catastrophe cover, because they know that having insurance companies pay on a lot of small claims is expensive on average.

That means the estimated 43 million tenant households that have renters insurance might find their personal belongings aren't covered in certain types of catastrophes.

(I was a small part of trying to eliminate such triggers in property - catastrophe insurance.)

But even living in this beautiful city doesn't protect you from the risk of not having renters insurance when catastrophe strikes.

If you have insurance and you find yourself embroiled in a complaint, pat yourself on the back for avoiding the potential catastrophe of having to come out of pocket to defend yourself.

With health insurance, the main idea is that you should be covered in the event of a catastrophe.

Apparently, a clever lawyer bought a pack of very expensive cigars and added a rider to his home insurance policy insuring them against all sorts of catastrophes, including floods, storms and fire.

Home insurance is designed to cover homeowners in the event of any unforeseen catastrophe that damages their home.

But if you want to go with less coverage and get insurance for, say, $ 10 a month to cover a catastrophe or perhaps only some basic wellness treatments, those options are available through each of my top picks, too.

It seems prudent, therefore, to invest a small amount of GDP as insurance against the risk of catastrophe.

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.

Equally there are insurance companies who are now worried by predictions of catastrophes and altering premiums accordingly.

But there's also incontrovertible trivial statistical evidence: E.g. http://www.realclimate.org/index.php/archives/2012/08/extreme-metrics/ (straightforward play with Gaussian distribution) or e.g. look at the data of insurance companies http://climatecrocks.com/2013/12/02/no-deniers-in-the-foxholes-insurance-industry-copes-with-climate-reality/ (normalize with geologic catastrophes).

Wang, Zifa and Lin, Tun and Walker, George (2009): Earthquake Risk and Earthquake Catastrophe Insurance for the People's Republic of China.

The Great Miami Hurricane of 1926 tops the list (according to estimates by the catastrophe - insurance provider ICAT), as it would cause $ 180 billion in damage if it were to strike today.

Chichilnisky, Graciela (1996): Financial Innovation in Property Catastrophe Reinsurance: The Convergence of Insurance and Capital Markets.

In his current role as director at Risk Management Solutions -LRB-» the world's leading provider of products and services for the quantification and management of catastrophe risks» for the insurance industry), Bob Ward still writes letters to «deniers» on behalf of scientists — most recently to Martin Durkin, producer of The Great Global Warming Swindle (2).

Most of the general populace believe it are willing to pay insurance premium to cover themselves from catastrophe.

Climate change could significantly increase the risk of hurricanes and storms in the Caribbean and threaten future development in the region, concludes a new study released by the Caribbean Catastrophe Risk Insurance Facility (CCRIF).

One can think of a GHG abatement policy as a form of insurance: society would be paying for a guarantee that a low - probability catastrophe will not occur (or is less likely).

The Association of British Insurers use an Insurance Catastrophe Model to estimate that a 6 % increase in hurricane wind speeds will increase the annual insured losses by $ 3.9 billion in the US and $ 1.6 billion in Japan (2004 $).

That is: How much insurance against the possibility of catastrophe should a prudent planet buy?

The expansion of the «cat» (catastrophe) bond market and «seismic» changes to the medical malpractice insurance market are among the top 10 predicted highlights of 2018, according to law firm RPC ’s