Printer Friendly
The Free Library
19,573,962 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

ADVISORY/Fewer Insured Losses in 2000 Despite Huge Floods.


Business Editors & Insurance Writers

ADVISORY...for Thursday Thursday: see week.  (March 15)

NOTE TO EDITORS: Multimedia Assets Available With This Story

Include Graphics, Text News Releases

--(BUSINESS WIRE)

In 2000, catastrophes claimed more than 17,400 lives and caused overall financial losses, not counting indirect economic damage, of almost $50 billion (U.S.).

According to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 Swiss Re's definitive statistics, the burden on the insurance industry was comparatively low at $10.6 billion (U.S.).

You can reach the story directly by going to http://www.newstream.com/cgi-bin/display_story.cgi?2355

This multimedia news story is for free and unrestricted use on your news information site (and for print or broadcast too). Visit http://www.newstream.com to download To receive a file transmitted over a network. In any communications session, "download" means receive, and "upload" means send. The download/upload often implies a big/little scenario, in which data is being downloaded from the "big" server into the "little" user's computer.  video, audio, text, graphics and photos.

If you have any questions about the story, or about Newstream.com, please write to us at info@newstream.com.
COPYRIGHT 2001 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Date:Mar 15, 2001
Words:143
Previous Article:Knight Transportation Announces First Quarter Expectations.
Next Article:Dyer & Shuman, LLP Announces Class Action Against AIMCO.



Related Articles
Catastrophes: Earthquakes and Floods.
Insurance Adjusters.
Insured Losses Drop in 2000 Despite More Catastrophes.
ISO: Gabrielle Losses at $115 Million.
A Rising Market.
Raising standards: Higher prices for property insurance are not enough; underwriters must refocus on the basics to overcome years of relaxed...
PRISONER SURGE FAILS TO APPEAR.
Under water: Europe's flooding won't swamp insurers with claims, but it won't help either in a year marked by financial strain. (Briefing).
Worst-case scenarios: reinsurers and insurers are taking steps to deal not only with mega-catastrophes, but also with individual catastrophes that...
Katrina-loss lawsuits over flood damage threaten insurance market, experts say.

Terms of use | Copyright © 2012 Farlex, Inc. | Feedback | For webmasters | Submit articles