insurance loss

Commodities Giant Archer Daniels Midland Has Booked a Drop in Full-Year Profits
Dec 10, 2012
Commodities giant Archer Daniels Midland has booked a drop in full-year profits as record corn prices hit earnings in the fourth quarter. In the three months to the end of June, net profit fell 25% to US$284m, while operating profits slid ...

Tags: corn, corn prices, corn crop
Insurance Australia Group Is Mulling to Sell Its UK Underwriting Operations
Dec 6, 2012
Insurance Australia Group is mulling to sell its UK underwriting operations, which include motor insurer Equity Red Star and commercial insurance broker Barnett & Barnett. As part of a strategic review of its UK business, IAG Managing ...

Tags: Insurance Australia Group, motor insurer, Equity Red Star
Hurricane Isaac Will Cause Insurance Losses Between $700m-$2bn in The US
Dec 4, 2012
Catastrophe modeling firm AIR Worldwide has forecasted that Hurricane Isaac will cause insurance losses between $700m-$2bn in the US. The calculation of losses includes wind and storm surge damage to onshore residential, commercial and ...

Tags: AIR Worldwide, catastrophe modeling, Hurricane Isaac, insurance loss