Home Page
An experienced guide to the world of finance
providing tools and information that help make
best financial decisions
My FinanceGates.com Register
 
Home  | News   |  Insurance 



Market News Insurance Billing
Banking Business News World News
Funds Brokerage

Wednesday November 03, 08:35
Third quarter costly for insurers

Third quarter costly for insurers

(by Peter Van Bruggen)

The total from hurricane damage in the quarter accounted for $21.3 billion for the U.S. property and casualty insurance companies, the newest data shows.

The third quarter was the costliest for the U.S. insurers on losses from four hurricanes and three typhoons.

Florida, which suffered four hurricane losses over two-month time this quarter, sees around 1.7 million claims, or $17.5 billion in insured losses. Two other states that suffered from hurricanes are Georgia and Alabama with $630 million and $1.2 billion in insured losses respectively.

2003 third-quarter insured losses accounted for $3.7 billion and 2002 showed no worse results of only $715 million.

All insurance news
Read the related news and articles:
19 Oct 2004 01:32 PM Zurich unveils hurricane losses
 


   KEYWORD SEARCH

KEYWORDS:

   SUBSCRIPTION
Join FinanceGates.com mailing list and get news and financial advices on home finance, auto finance, insurances, funds, online payments and much more.


Copyright © FinanceGates.com - independent financial advice and personal finance advice, an InternetGates.com company, 2003-2008. All rights reserved.
Finance Gates provides personal finance advice on banking, insurance, investing and billing.
Reading materials of this site you can be sure that you get independent financial advice.