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... the industry’s policyholders' surplus—a measure of claims-paying capacity or capital—and provide an additional buffer against ... that oblige insurers to demonstrate an ability to pay claims arising from more than one major catastrophe per year in order to ...
... Many insurers have used the opportunity to restore their claims paying resources and to reinvest in the future of the industry. Another ... bolster the industry’s policyholder surplus—a measure of claims paying capacity, or capital—providing an additional buffer against the ...
... (NFIP) paid an additional $462 million in flood insurance claims throughout the Mid-Atlantic states and into New England, as far north as ...
... downward revisions in the estimated ultimate cost of claims occurring in years past—has been an important contributor to industry ...
... underwriting performance, investment returns and claims paying capacity (policyholder surplus). Thus the industry experienced ... industry is in a substantially better position to handle the claims arising from Hurricanes Katrina and Rita than it was at the time of the ...
... of downward revisions in the estimated ultimate cost of claims occurring in years past. During the first half, prior-year reserve ...
... of downward revisions in the estimated ultimate cost of claims occurring in years past. During 2011, prior-year reserve releases ...
... the winds of Wilma are still blowing — with reopened claims and new claims still coming years after the storm. No statewide data has been ...
... that insurers today continue to sell and renew policies, pay claims and develop new products to protect property and businesses. The bottom ... do not borrow to make investments. Nor do they borrow to pay claims. So, even when some investments perform poorly, the effect is not ...
... these risks, the magnitude of which can easily exceed the claims-paying resources of private insurers, even with TRIREA in place," he ... billion. A loss of this magnitude is nearly five times the claims paying capacity of all property/casualty insurers for TRIREA eligible ...