Industry Analysis

"Superstorm" Sandy
12/12/2012  

Sandy was a moderately powerful, but very widespread storm that produced a devastating flood. The Northeast region, including New York City and its suburbs, represents over 10% of the U.S. population and 20% of GDP... More >>
 
 

The March 11th Japan Earthquake and Tsunami
05/01/2011  

Published estimates of insured and reinsured losses from the March 11th disaster do not include all insured coverages. Considering all lines, this is one of the largest insured losses, and a very substantial loss for... More >>
 
 

2009 Catastrophe Losses in Context
12/01/2009  

2009 was a year with limited U.S. hurricane losses, and relatively few events affecting the reinsurance market worldwide. This has helped produce strong earnings to reinsurers, whose loss ratios have a 6%-9% benefit from this good experience, relative to... More >>
 
 

Credit Troubles and the Reinsurance Market
10/15/2008  

The last month has been astounding. AIG, largest insurer in the world by 2007 market value, is now operating under government control. The worldwide market has recognized well over $800Bn in credit-related losses at financial firms. The five largest U.S. investment banks... More >>
 
 

Federal Involvement in Insurance
9/26/2008  

The U.S. Treasury advanced an $85Bn emergency loan to AIG and may acquire an 80% shareholding. The Federal government has now become involved in the business of insurance in a large and unplanned way. Federal involvement will continue to... More >>