(Reuters) – Private market insured losses are expected to be between $3 billion and $5 billion due to Hurricane Idalia which struck the Big Bend region of Florida last week, …
Topic:
Losses
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SANTIAGO (Reuters) – Heavy rains in Chile’s central south farming region last week may have caused at least $1 billion in losses, according to estimates by authorities and the industry. …
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(Reuters) – Property and casualty insurer RLI Corp said on Wednesday it expects to record pretax net catastrophe losses of between $65 million and $75 million from Hawaiian wildfires in …
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LONDON (Reuters) – Moody’s Investors’ Service said on Tuesday that estimated insured losses from wildfires on Maui in Hawaii will be at least $1 billion. More than 2,000 structures were …
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Analysis-Big losses in Russia-linked stocks have investors rethinking other depositary receipts
by ReutersBy Sinead Cruise and Carolina Mandl LONDON/NEW YORK (Reuters) – Global investors are losing confidence in securities linked to shares of companies in the world’s geopolitical hot spots, investors and …
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By Anton Bridge TOKYO (Reuters) – Rakuten Group shares surged on Monday morning after the e-commerce giant reported narrowing losses at its cash bleeding mobile unit last week alongside assurances …
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Insurer CNA Financial misses profit estimates on higher catastrophe losses in P&C segment
by Reuters(Reuters) – Insurer CNA Financial missed second-quarter profit estimates on Monday, as wider catastrophe losses in its property and casualty (P&C) segment partially offset higher investment income. Profits at insurers …
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BERLIN (Reuters) – A deadly earthquake in Turkey and Syria as well as tornadoes and hailstorms in the United States contributed to losses covered by insurance of $43 billion in …
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By Chen Aizhu, Emily Chow and Andrew Hayley SINGAPORE/BEIJING (Reuters) – Policy reform in China will boost profit for city-gas distributors by letting them raise prices for residential sales above …
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HONG KONG (Reuters) – Embattled property developer China Evergrande Group on Monday published its long delayed results for fiscal 2021 and 2022, posting significant losses and big drops in revenue. …
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Biden FTC Chair Suffers Major Losses After Picking Fight With Big Tech John Hugh DeMastri on July 12, 2023 Federal Trade Commission (FTC) Chair Lina Khan has suffered several setbacks …
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New Jersey 101.5 conservative radio talk show host Bill Spadea had a series of unfortunate events happen on Election. For Spadea, the GOP primary election day was terrible, horrible, no …
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By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – Global central banks experienced losses managing their reserves last year amid bond-heavy allocations that took a major hit in 2022 following aggressive monetary …
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KUALA LUMPUR (Reuters) – Malaysia’s central bank said on Tuesday it will intervene in the foreign exchange market to stabilise the ringgit currency, citing what it called “excessive” recent losses. …
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(Reuters) – Australian airline Regional Express on Tuesday forecast an operational loss for fiscal 2023, citing a global shortage of pilots and engineers, as well as significantly lower business travel …
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NEW YORK (Reuters) – Short sellers in U.S. shares related to the semiconductor industry are down $18.31 billion in mark-to-market losses for the year to date, including $7.2 billion in …
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By Maria Carolina Marcello BRASILIA (Reuters) – Brazilian President Luiz Inacio Lula da Silva has suffered a major defeat over important legislation protecting the Amazon rainforest and the Indigenous people …
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Chinese War Game Simulating Massive Losses For U.S. Aren’t Just Propaganda, Experts Say Micaela Burrow on May 24, 2023 A war game conducted by Chinese scientists found that Beijing’s military …
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By Stefania Spezzati, Paritosh Bansal and America Hernandez (Reuters) – Qatar’s sovereign wealth fund, Credit Suisse’s second-largest investor, has explored seeking redress for losses incurred by the bank’s takeover, two …
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By Yousef Saba and Rachna Uppal DUBAI (Reuters) – Lucid’s electric vehicles are often displayed prominently at public events and financial conferences in Saudi Arabia to symbolise its crown prince’s …
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Biden Admin, Media Blamed Anti-CRT Efforts And ‘Book Banning’ For Learning Losses. Experts Say That’s ‘Nonsense’ Reagan Reese on May 5, 2023 As just 13% of eighth graders met grade …
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FDIC To Slap Banks With New Fees To Cover Bailout Losses: REPORT Jason Cohen on May 5, 2023 The Federal Deposit Insurance Corporation (FDIC) plans to release a proposal to …
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(Reuters) – Short sellers made $378.9 million in paper profits betting against regional banks First Horizon Corp, PacWest Bancorp and Western Alliance Bancorp in Thursday’s session, analytics firm Ortex said. …
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(Reuters) – Despite the second- and third-largest bank failures in U.S. history last month, the U.S. Federal Deposit Insurance Corporation remains on track to refill its deposit insurance fund ahead …
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By Makiko Yamazaki and Ritsuko Shimizu TOKYO (Reuters) – Japanese regional lenders will be well able to weather even “large” losses on their foreign bond portfolios thanks to strong capital …