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... guarantee is that insurers will continue to face losses from claims that are as large or larger than in the past. The bottom line, ... underwriting performance through increased rates, lower claims cost or lower expenses or some combination of the three. Â Â Â ...
... losses of $57.7 billion arising from more than 3.3 million claims, the industry nearly broke even from an underwriting perspective with a ... came in the door in 2005, about $1.01 exited in the form of claims payments, claims reserves and expenses—with nothing left over for ...
... resilience over the past year was its rebound in claims paying capacity (as measured by policyholders’ surplus). ... guarantee is that insurers will continue to face losses from claims that are as large as or larger than in the past. The bottom line, ... underwriting performance through increased rates, lower claims cost, lower expenses or some combination of the three. ...
... billion. PCS also estimates that insurers received 2,272,000 claims for damage to personal and commercial properties and vehicles. Personal lines claims accounted for 58 percent of the total, while commercial lines claims ...
... through the first nine months of 2005 exited in the form of claims payments, claims reserves and expenses—with nothing left over for profit. All was not ...
... reducing the global supply of capital available to pay claims. The Enron debacle, rising jury awards, a sour investment climate and ...
... of downward revisions in the estimated ultimate cost of claims occurring in years past. During 2011, prior-year reserve releases ...
... through the first nine months of 2008, ISO’s Property Claims Service found. There were 16 named storms this ...
... having paid or reserved nearly $32 billion in asbestos claims, new analyses revealed that insurers’ ultimate liability could reach a ... system can also be seen in the growth of novel types of claims, such as those alleging bodily injury and property damage from “toxic ...
... losses ($6.6 billion during the first half), higher medical claims costs, the increased prevalence of mold claims (especially in Texas) and auto fraud (such as rampant no-fault fraud in ...