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The preliminary estimates for the damage of Hurricane Sandy seem to be coming in the $5 billion to $10 billion range. This of course can grow, but this is what we have seen…
flickr / gsfcEarlier today we outlined some of the risks which were seen in overseas trading of the Property & Casualty (P&C) insurance sector and for the reinsurance sector. Now we have…
The worst part about hurricane season is that one bad hurricane has no impact on whether or not another hurricane, or series of hurricanes, can be coming back down the pipe. If…
Any time a hurricane hits, it can cause billions of dollars in damage to homes, cars, businesses, and other properties. The estimates for Hurricane Irene were growing higher and higher last week…
Jon OggIt was just on May 4, 2011 that ACE Limited (NYSE: ACE) released its quarterly earnings and when it outlined its costs pertaining to that catastrophe in Japan. It appears that…
Share repurchase programs, or stock buybacks, have been and may always be a more questionable method of returning capital to shareholders than dividends. Many even disagree with the effect of buybacks. Still,…
If you want to know who is ultimately on the hook for the biggest part of catastrophic losses from natural (and man-made) disasters, look no further than reinsurers. They are on the…
Palm (PALM) has set a deal to sell its handsets though AT&T (T) Wireless. Unfortunately, the relationship does not begin “for a few months.” Palm will market its Palm Pre Plus for…
According to Reuters, the days of the CEOs of Bank of America (BAC) and Citigroup (C) may be numbered. Reuters reports that a deal has been reached to cut Chrysler’s debt but…
These are ten of the top analyst upgrades and downgrades we have seen this Monday morning with about 2 hours to the the open: Everest Re (RE) to Outperform at Wachovia. Fortress…
