Popular Searches: 　AIG 　china 　sunamerica+aig 　LIFE 　financial 　health
  • Share

Insurers weather much higher claims

 

Wednesday, Sep 16,2009, 4:58:12 PM   Click:

Data from KPMG highlight the financial impact of natural disasters on Australian insurance companies in 2008-09. The February 2009 bushfires and storm damage in the eastern states cost general insurers $A1.65bn during the financial year. Meanwhile, the industry's underwriting surplus has fallen to just $A463m in 2009, compared with $A1.9bn in 2008.

Publication Date: 16 September 2009 

KPMG AUSTRALIA PTY LTD
HIH INSURANCE LIMITED
AMERICAN INTERNATIONAL GROUP INCORPORATED
AUSTRALIAN PRUDENTIAL REGULATION AUTHORITY
QBE INSURANCE GROUP LIMITED - ASX QBE

  • Share
  • Print

You may also be interested in:

Discuss this news

Click Here to see all comments
Please aware of self to obey the Internet related policy laws and strictly forbid to release porn, violence.
Appraisal:

Name:

Email:

Content:

Featured

Basking Ridge, NJ - (MARKET WIRE) - 04/15/09 - Hooper Holmes (NYSE AMEX: HH) today announced that it has considered the proposals contained in the preliminary proxy statement filed by Ron Aprahamian,

Hooper Holmes responded to the proposal of

Basking Ridge, NJ - (MARKET WIRE) - 04/15/09 - Hooper Holmes (NYSE AMEX: HH)

SCHAUMBURG, Ill.--(BUSINESS WIRE)-- Zurich, a leading property and casualty insurance provider in North America and globally, announced today it is now offering general liability and umbrella

Zurich now offers three new insurance programs for

SCHAUMBURG, Ill.--(BUSINESS WIRE)-- Zurich, a leading property and casualty

Copyright: M2 COMMUNICATIONS LTD Source: M2 Presswire Wordcount: Dublin - Research and Markets (http://www.researchandmarkets.com/research/00ea17/latin_america_nor) has announced the addition of

Latin America, North America and the Caribbean -

Copyright: M2 COMMUNICATIONS LTD Source: M2 Presswire Wordcount: Dublin -

Insurers are showing signs of trying to adapt their business models to issues related to climate change, but more work needs to be done as environmental liabilities increase, according to a report by

Property/Casualty Insurers Lead In Adapting To Climate

Insurers are showing signs of trying to adapt their business models to issues

Bank holding company CVB Financial Corp (NASDAQ:CVBF) disclosed late Friday that an agreement has been signed with the Federal Deposit Insurance Corporation (FDIC) by its wholly-owned subsidiary bank

Citizens Business Bank signs agreement with FDIC to

Bank holding company CVB Financial Corp (NASDAQ:CVBF) disclosed late Friday

RUSSELLVILLE - U.S. Sen. Blanche Lincoln told a sometimes jeering crowd on Wednesday that she won't support a government-funded insurance option as part of an overhaul of the nation's health care

Lincoln: Can't Support Health Care Gov't Option

RUSSELLVILLE - U.S. Sen. Blanche Lincoln told a sometimes jeering crowd on

ANGOLA, N.Y.--(BUSINESS WIRE)-- Evans Bancorp, Inc. (the Company) (NASDAQ: EVBN), a community financial services company serving Western New York, today reported its results of operations for the

Evans Bancorp Reports 2009 First Quarter Results

ANGOLA, N.Y.--(BUSINESS WIRE)-- Evans Bancorp, Inc. (the Company) (NASDAQ:

MOST POPULAR