January 24, 2017: A New Tornado Record, Travelers Beats and Buffett's New Risk
1 min read

January 24, 2017: A New Tornado Record, Travelers Beats and Buffett's New Risk

Risk Science & Finance: What You Need to Read Today

Insurer Travelers Profit Beats as Investment Earnings Rise
CNBC
Pretax catastrophe losses, net of reinsurance, rose to $137 million from $46 million.

Sunday Was Worst January Day for Tornado Deaths Since 1969
USA Today
The Southeast took stock Monday of the wide swath of destruction wrought by the deadliest January day for tornadoes in 48 years.

Buffett’s Win Streak Jeopardized by AIG Deal, Credit Suisse Says
Bloomberg
The AIG transaction “is the first deal in Berkshire Hathaway Reinsurance Group large enough to potentially jeopardize an underwriting profit.”

As China’s H7N9 Total Climbs, WHO’s Chan Warns of Threat
CIDRAP
The WHO is on high alert because of the rapidly expanding scope of the outbreaks and the number of strains.

Nearly 19 mln Americans Live Where Car Insurance is Unaffordable – Study
Reuters
More than 40 percent of Americans living in areas with unaffordable insurance reside in New York, New Jersey and Connecticut.

 

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