losses | e-Asfalistiki
Hurricanes, severe thunderstorms and floods drive insured losses above USD 100 billion for 5th consecutive year, says Swiss Re Institute
Estimated insured losses from natural catastrophes on track to exceed USD 135 billion in 2024 Hurricane Helene and Hurricane Milton severely impacted the US, resulting in estimated insured losses approaching USD 50 billion Major…
Chubb Announces Estimated Net Losses for Hurricane Milton of $250-300 Million Pre-Tax and $208-250 Million After-Tax
Chubb Limited (NYSE: CB) announced losses in the fourth quarter of 2024 attributable to Hurricane Milton are estimated to be $250-300 million pre-tax and $208-250 million after-tax, net of reinsurance…
Hannover Re generates quarterly profit of EUR 264 million despite substantial losses and confirms earnings guidance
Gross premiums up by 13.9% adjusted for exchange-rate effects Major losses in property and casualty reinsurance above budgeted level for the first quarter Additional provision for possible losses from the…
Hurricanes, cold waves, tornadoes: Weather disasters in USA dominate natural disaster losses in 2021
In 2021, natural disasters caused overall losses of US$ 280bn, of which roughly US$ 120bn were insured Alongside 2005 and 2011, the year 2021 proved to be the second-costliest ever…
Performance Shipping Inc. Anticipates Tanker Market Recovery After Fourth Quarter Losses
Performance Shipping Inc., a global shipping company specializing in the ownership of tanker vessels, Friday reported a net loss and net loss from continuing and discontinued operations attributable to common…
Nordic Shipholding Now Expects Losses Between $5 -7 Million, Revised From a Profit of $2.5 – 5 Million
As mentioned in Company Announcement 7/2020 following a strong product tanker market in 1H 2020, the market softened significantly going into 2H 2020. This impacted earnings but even more so,…
Diamond S Shipping Inc. Reports Third Quarter Loss
Diamond S Shipping Inc., one of the largest publicly listed owners and operators of crude oil and product tankers, yesterday announced results for the third quarter of 2020. Highlights for…
Belships ASA Reports Increased Losses, Looks Towards Market Recovery in the Coming Months
• Operating income of USD 43.3 million (Q3 2019: USD 31.7m)• EBITDA of USD 5.9m (USD 8.1m)• Net result of USD -4.2m (USD 0.3m)• Net TCE per ship of USD…
Scorpio Bulkers Inc. Reports Net 9-Month Loss of $206.4 Million
Scorpio Bulkers Inc. reported its results for the three months ended September 30, 2020. The Company also announced that its Board of Directors has declared a quarterly cash dividend of…
ABN AMRO to postpone dividends on the recommendation of the European Central Bank; expects loss in Q1 2020
ABN AMRO has taken notice of the recommendation of the European Central Bank (ECB) to credit institutions under ECB supervision to conserve capital and refrain from making dividend payments and…
