Losses | Site (internal stage)

Power firms will bear winter storm price losses

Texas’ power generation companies rather than insurers are set to foot the bill for the price spikes that arose in the aftermath of the winter storms that pummelled the Lone Star State last month, according to Nardac’s Brandon Statton.

Motor and engine insurers get boost as lockdowns spur 25% plunge claims

The number of motor insurance claims settled by UK insurers fell by 19 percent during 2020 in response to the drop-off in driving activity brought about by the Covid-19 pandemic.

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Early PCS tally pegs US winter storm losses at 9bn

A preliminary tally of last month’s US winter storm losses by Property Claim Services (PCS) has estimated the total at around $9bn

FedNat ups 2020 net loss after fundraise

Munich Re puts exposure to US winter storms in “mid triple-digit million” euros

Caesars sues insurers for over $2bn in Covid-19 losses