Insurance Australia Claims Blowout Threatens Guidance
January 9th, 2012
Insurance Australia Claims Blowout Threatens Guidance
Other costly contributors include last month's earthquake in New Zealand and floods in Thailand. IAG shares only slightly underperformed Tuesday, up 1.5 cents at A$ 2.925 at 0120 GMT compared to a 1% wider market gain because a similar warning from …
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Are More People Getting Earthquake Insurance?
Until the past couple of years, the amount of interest in earthquake insurance was similar to the amount of earthquakes here in the Valley: very little. "The majority of people, when we would bring up earthquake insurance, they actually kind of laughed …
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Cost of natural disasters hits record in 2011
Insurance industry losses from these disasters reached a record $ 105 billion in 2011, according to Munich Re, the world's biggest reinsurer. The cost to insurers from the earthquake and tsunami in Japan in March, which caused nearly 16000 deaths, …
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