James Shuck News
-
Aviva Plc, the U.K.’s second-biggest insurer by market value, plans to exit almost a third of its units to bolster capital reserves and limit the impact of further turmoil in the euro region.
-
Treasuries fell, paring weekly gains, on speculation insurers in Japan may sell U.S. government debt to pay claims on damage caused by the nation’s strongest earthquake on record.
-
Catlin Group Ltd., the second-biggest Lloyd’s of London insurer by market value, said premium rates for property catastrophe policies will rise by more than 17 percent this year as insurers try to recoup last year’s losses.
-
Swiss stocks were little changed after a report showed the U.S. economy grew at a 2.6 percent annual pace in the third quarter.
-
European reinsurers fell for a second day on concern the global insurance industry may face claims of as much as 2.8 trillion yen ($34 billion) tied to the earthquake in Japan.
-
European reinsurers including Munich Re and Swiss Reinsurance Co. , the world’s biggest, tumbled after an 8.9 magnitude earthquake struck the coast of Japan unleashing a tsunami that engulfed towns north of Tokyo.
-
The cost to protect insurance companies from American International Group Inc. to Ace Ltd. jumped after an 8.9 magnitude earthquake struck the coast of Japan, unleashing a tsunami that engulfed towns north of Tokyo.
-
Munich Re and Swiss Reinsurance Co. , the world’s biggest reinsurers, fell after Japan’s strongest earthquake in a century unleashed a tsunami that engulfed the coast north of Tokyo.
-
European and U.S. reinsurers may sidestep costs tied to Japan’s strongest earthquake in a century as the country’s government, its carriers and uninsured property owners absorb most of the losses.
|
|
Most Popular on Bloomberg
|
| |
Rate this Page