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$26 billion in catastrophe losses in 2009: Swiss Re
... low as those in 2009 is less than 35%,” Thomas Hess, chief economist of Swiss Re, said in a release. “We have already seen significant events in 2010 with winter ...
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Hiscox counts the cost of Chilean earthquake and European storm
... a later revision of Hiscox's estimate." The estimate follows a statement last week from Swiss Re , the world's second-biggest reinsurer, which said it expected a pre-tax loss of $500m ...
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Natcat and man-made disasters cost insurers $26B in 2009, Swiss Re says
... U.S., with insured losses of $1.35 billion in 2009. Thomas Hess, chief economist of Swiss Re, said losses could be "much higher" in 2010 than in 2009, given that there ...
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Catastrophes cost insurers $26 bln in 2009 -report
... led to wider economic losses of nearly $62 billion, according to a report from Swiss Re ( ) highlighting the gap in insurance cover. More than half of the $26 ...
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Disasters kill 15 000 in 2009 - new report
... in Haiti and another in Chile, alongside winter storm Xynthia which hit Europe hard, Swiss Re warned of an expensive year ahead. The industry is therefore well advised to prepare ...
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Disasters killed 15 000 people, cost R459 billion in 2009
... in Haiti and another in Chile, alongside winter storm Xynthia which hit Europe hard, Swiss Re warned of an expensive year ahead. "The industry is therefore well advised to prepare ...
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Hiscox sees Chile, Xynthia loss at 100 mln stg
... firming of some reinsurance rates. The world's top two reinsurers, Munich Re
and Swiss Re , said last week the devastating Chilean quake could cost the insurance industry up ... -
ISO Launches PCS-Canada, An Independent Canadian Catastrophe Loss Information Service (GNW)
... likely to stimulate product innovation in Canada," said Jean-Jacques Henchoz, president and CEO of Swiss Re (Canada), reinforcing the sentiments of the RRC. "The international trend of more frequent and ...
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Chile Quake Losses Appear to Have Strong Reinsurance Backing
... 2008, Ike cost insurers $19.94 billion, adjusted for 2009 dollars, according to figures from Swiss Re. That same year, Gustav cost insurers $4 billion. Both storms hit the Gulf of ...
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Swiss Re publishes its 2009 annual report and announces the proposals of its Board of Directors to shareholders for the 146th Ordinary General Meeting to be held on 7 April 2010
... Swiss Re publishes its 2009 annual report and announces the proposals of its Board of Directors ...
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Swiss Re Estimates Chile Quake Loss at $500 Million; Xynthia $100 Million
... Swiss Re released its preliminary estimates for losses from the magnitude 8.8 earthquake that hit Chile ...
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Ratings Recap: Swiss Re (Cat Bond), Transmonde, Sagicor, Bahamas First
Ratings Services has assigned its preliminary 'B-' credit rating to the class II-CN3 notes series 2010-1 issued under the principal at-risk variable- ...
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Quake to cost $7b
... Wednesday while the total economic losses from the disaster, estimated by the second-largest insurer Swiss Reinsurance, may reach more than $15 billion, Swiss Re estimated. ...
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Foreclosure rate slows in February
... Quake payout put at billions in Chile Swiss Reinsurance Co. said Wednesday the earthquake in Chile ... shared by Germany-based rival Munich Re AG. Swiss Re said it is common practice for property ...
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Chile: Quake to cost insurers $4bn
... industry between $4 billion (R30bn) and $7bn, Swiss Reinsurance estimated yesterday. The company said that it ... for property damage and disruption of business. Swiss Re said it alone expected to make a ...
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