Free Trial

Reactions Copying and distributing are prohibited without permission of the publisher

Travelers wins $262.3m in asbestos case

25 August 2010

New York state judge has awarded US insurer Travelers $262.3m plus interest in a 17-year-old reinsurance asbestos coverage case, the facts of which date back to the late 1940s, reports CNBC.

Read more: travelers asbestos coverage munich re america USF&G

New York state judge has awarded US insurer Travelers $262.3m plus interest in a 17-year-old reinsurance asbestos coverage case, the facts of which date back to the late 1940s, reports CNBC.

New York State Supreme Court Justice Richard Lowe ordered Munich Re America to pay $202.5m...


  • Philippines Earthquake Mw 6.7 06 Feb 2012 - On Monday, 6 February a magnitude Mw 6.7 (regional moment magnitude) earthquake ...
  • Queensland Floods 06 Feb 2012 - Monsoonal rains since mid-January have resulted in flooding in northeast Australia, affecting ...
  • Peru Earthquake Mw6.3 30 Jan 2012 - Updated 1 February. On Monday, 30 January a magnitude Mw6.3 (regional moment ...
For more catastrophe reports, data and news, click through to the RMS/Reactions Catastrophe Centre.

Poll

Catastrophe bond issuance was $4.3bn in 2011. How much new issuance will there be in 2012?

Less than $3bn
0%
$3bn-$4bn
44%
$4bn-$5bn
22%
$5bn-$6bn
11%
$6bn-$7bn
22%
More than $7bn
0%