All Weekly Email Alert articles – Page 6
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Southern US hit by record tornadoes
Widespread destruction across Mississippi and Alabama
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Severe storms lash US
Texas, Missouri, Illinois hit by baseball-sized hail and tornadoes
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SCOR acquires Transamerica Re life reinsurance business
Reinsurer claims the transaction will rank it number two in US
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Chartis cedes asbestos liabilities to Buffett
The retroactive reinsurance agreement has a limit of $3.5bn
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Munich Re pays out €1.1bn to shareholders
Plans for a further share buyback have been abandoned
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Reinsurers capital at record high of $470bn
Share buybacks are unlikely ahead of US hurricane season
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Chaucer faces £35m Japan claims bill
Insurer is also seeking improved terms and conditions for cat exposed business
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Aon Benfield joins China to boost typhoon research
Alliance aims to develop historical database to help with consistent risk profiling
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Japan losses could top $34bn
Biggest uncertainty remains strength of contingent business interruption insurance
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830 aftershocks rock Japan
World Bank estimates insured losses of between $14bn and $33bn
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PERILS windstorm update shows insured sums on the rise
Increase of 4.6% across nine european countries
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Arch gains reduced collateral status in Florida
Illinois, Indiana, New Jersey and Louisiana are considering similar revised requirements