Bird Flu Monitor > Bird-flu pandemic to hit life insurers hardest

[Enflu] Under these assumptions, Fitch considered the increase in claims could amount to as much as US$18 billion (RM66.6 billion) in the US and 20 billion pound sterling (RM129.24 billion) in Europe (8% of 2004 US life insurance and reinsurance industry statutory surplus).

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Ft.comhttp://www.ft.com [Ft.com] FT.com / World / Bird flu: The global reinsurance industry, still reeling from last year’s record hurricane .With the world possibly on the verge of a bird influenza pandemic, .

http://gillinc.blogspot.com [Gillinc.blogspot.com] Gill Blog: March 2004: An effective federal terrorism insurance program, therefore, has to address the exposures presented by high profile, and to a terrorist, highly desirable targets, like sports arenas, universities, shopping malls, daycare facilities, and even hospitalsRegardless of the ongoing discussions and the national forums that have been established, one thing remains crystal clear: a new public-private initiative is required that constructively deals with the reinsurance backstop issue over the long term. In the absence of such an initiative, the burden of the terrorism insurance problem squarely rests on the shoulders of the private sector, and this could indeed prove too hard to handle alone.

[Reports.typepad.com] Pandemic Plan: Economic impact: Even a moderate avian flu outbreak similar to the 1957 and 1968 flu pandemics could significantly impact the U.S. life insurance industry, generating $31 billion in additional death claims, according to a new analysis by the Insurance Information Institute (I.I.I.). The Insurance Journal reports that a severe avian flu outbreak along the lines of the 1918 pandemic could have a far more serious effect, causing an estimated $133 billion in additional death claims.

[Globalgeopolitics.com] Global Geopolitics: October 2005: (KRT) - (EDITOR'S NOTE: Matthew Schofield, Knight Ridder Newspaper's Berlin-based Europe correspondent, is beginning a six-week assignment in Knight Ridder's Baghdad Bureau - his third reporting trip to the Iraqi capital since he accompanied U.S. Marines during the initial U.S. push into Iraq in March 2003. The following account was written as a memo to his editors on how he'd spent his second Save to My Web

[Insuranceletter.com] From insurancenewscast-errors+insurancenewscast+2d2027+2dlog+ ...: The proposal is titled by the CDI as the Reinsurance Oversight Regulations .(a) a pandemic which starts in Asia but quickly spreads to Europe and the .

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