U.S. insurers’ prospective after-tax return on equity for homeowners insurance is 4.8 percent on average, a decrease from the 6.9 percent of 2010, mainly due to subdued investment returns and higher estimates of non-coastal losses. That calculation comes from Aon …
Seasonal monsoonal rains triggered significant flooding and landslide events throughout parts of Asia in September totaling nearly $7 billion in economic losses, with China, Thailand, India, Pakistan and Cambodia particularly affected, according to the latest edition of the Monthly Cat …
Insured severe weather losses have already topped $15.5 billion in the United States this year, three times the full-year average of the last 20 years, insurance brokerage Aon Corp. said Wednesday. Almost all of that comes from the outbreak of …