Insurers could face $11B more in asbestos-related claims than the $23B they currently have set...
Insurers could face $11B more in asbestos-related claims than the $23B they currently have set aside, says A.M. Best. It's not enough to cripple the industry (Sandy claims are about $22B), but investors have sold in the past when companies have announced additions to reserves. Those maybe touched: HIG and TRV, and also BRK.B, which has taken on billions in exposure through reinsurance deals.
From other sites
at MarketRealist.com (Mar 24, 2015)
Hartford Financial Services : The Hartford : Offers Customizable Liability Coverage For Educational Institutionsat 4-traders.com (Mar 23, 2015)
at Nasdaq.com (Mar 4, 2015)
UPDATE: Keefe, Bruyette & Woods Raises PT On Hartford Financial Services Group On Updated Target Price Methodologyat Benzinga.com (Jan 2, 2015)
at CNBC.com (Oct 28, 2014)
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