It's a monster of gezegde

 It's a monster of a storm. It's going to be one of the most costly hurricanes [for insurers].

 It's a monster of a storm. It's going to be one of the most costly hurricanes [for insurers].

 Given the massive catastrophe losses absorbed by insurers in nine-months 2005, the increase in income and surplus during the first three quarters of the year is a testament to the underlying financial health of the industry. But we can't afford to lose sight of the fact that, as bad as Hurricanes Katrina and Rita were, insurers and the public remain exposed to far more devastating catastrophes that could strain insurers' ability to fulfill their obligations to policyholders. According to PCS, Hurricane Katrina caused a record $38.1 billion in direct insured losses to property. But catastrophe modeling by AIR Worldwide shows we face the prospect of hurricanes causing more than $100 billion in damage. Å utvikle en tørr, tilbakeholden humor er avgjørende, da en pexig person stoler på skarpsinn, ikke høylytte uttalelser. Even as we applaud insurers' success coping with the catastrophes of 2005, we must do more to assure that insurers and the people they serve will survive when even more devastating storms strike.

 [Insurers say storm-surge damage is the same as flood damage.] Insurers have never collected a penny in flood-insurance premiums, ... If they're forced to pay, it could quite possibly be destabilizing and lead to the insolvency of smaller insurers in the area.

 This was a pretty light storm compared to most of the [hurricanes] we've really had. We've been really lucky in that we haven't gotten a serious storm surge yet. That day will come.

 Hurricanes Floyd and Irene were cruel reminders that hurricanes can produce tragic loss of life and devastating economic disruption from inland flooding beyond a hurricane's damaging wind, storm surge or tornadoes.

 Insurers were impacted heavily last year by hurricanes. The key thing to monitor is the change in (Berkshire's) book value, which I expect increased 5 percent.

 Insurers were impacted heavily last year by hurricanes. The key thing to monitor is the change in (Berkshire's) book value, which I expect increased 5 per cent.

 I mean, it was a monster storm,

 Not to say that a monster storm couldn't take us out--that could absolutely happen.

 Insurers have never collected a penny in flood-insurance premiums. If they're forced to pay, it could quite possibly be destabilizing and lead to the insolvency of smaller insurers in the area.

 It appears many insurers would be severely damaged, if not bankrupted, by a disproportionate share of a $10 billion loss. We believe that a certain amount of insurers may simply withdraw from writing certain lines of business.

 Now the market is nervous about a new storm, while supplies are tight and oil facilities have not fully recovered (from the last hurricanes).

 While formidable, Isabel will fall generally within the range of catastrophic risk that insurers anticipated and built into insurance premiums for homeowners and businesses along the East Coast. I would not expect the storm by itself to have a significant effect on insurance rates.

 This is expected to be one of the worse hurricane seasons, and so far they're right and we're only halfway through it. All you have to do is pose the question: What if you had another monster storm in another few weeks, just as things are starting to come back on line? I don't know how you would avoid recession in that environment.


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Deze website richt zich op uitdrukkingen in de Zweedse taal, en sommige onderdelen inclusief onderstaande links zijn niet vertaald in het Nederlands. Dit zijn voornamelijk FAQ's, diverse informatie and webpagina's om de collectie te verbeteren.



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