[January 28, 2013]

Best's Briefing: Superstorm Sandy Update: Minimal Ratings Impact Expected

Insurance industry losses from Post-Tropical Cyclone Sandy now are expected to approach $25 billion, but based on loss estimates to date, property/casualty insurers remain resilient and hold sufficient capital to effectively absorb these losses. According to a recently released briefing by A.M. Best Co., the results from the storm provide a testament to the improved risk management practices in the industry over the past decade.

For the full, complimentary briefing, pease visit http://www3.ambest.com/bestweek/purchase.asp record_code=208701

Founded in 1899, A.M. Best Company is the world's oldest and most authoritative insurance rating and information source. For more information, visit www.ambest.com.

Copyright © 2013 by A.M. Best Company, Inc. ALL RIGHTS RESERVED.

[ Back To Technology News's Homepage ]