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1204 Search Results for: Claims

... the insurance needs of a growing US economy as well as claims arising from a virtually unlimited array of new and existing risks. ...

... billion. PCS also estimates that insurers received 2,272,000 claims for damage to personal and commercial properties and vehicles. Personal lines claims accounted for 58 percent of the total, while commercial lines claims ...

... 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 ...

... of downward revisions in the estimated ultimate cost of claims occurring in years past. During 2011, prior-year reserve releases ...

... through the first nine months of 2008, ISO’s Property Claims Service found. There were 16 named storms this ...

... premium reserves, insurers had $1.3 trillion on hand to pay claims and meet other contingencies — up from $1.2 trillion at September 30, ... 2009. Downward revisions to the estimated ultimate cost of claims incurred in prior periods and consequent releases of LLAE reserves ...

... of downward revisions in the estimated ultimate cost of claims occurring in years past. During 2011, prior-year reserve releases ...

... 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 ...

... until Hurricane Katrina in 2005 when insurers paid claims totaling more than $40 billion to help people along the Gulf coast ...