insured loss

An appraisal followed to determine the value of the insured loss.

In insurance, this is the probability of an insured loss occurring.

Officials said they expect to have preliminary estimates of total insured losses later in the week.

Some experts said the overall insured losses from Andrew could reach $10 billion or higher.

It also allows insurers to pool data on insured losses.

The company had insured losses of $24 million in Santa Barbara.

Insured losses from these storms have increased tenfold since the 1960's.

Other analysts estimated insured losses up to $25 billion.

We have the responsibility to reimburse them on insured losses."

The damage bill has been estimated at A$4 billion (including an insured loss of about $1 billion).

Total insured losses caused by the Bastrop fire were estimated at $325 million.

The spectacular insured loss should not be used as an excuse to raise prices in unrelated lines of business.

The Oakland fire is this year's 31st insurance industry catastrophe, meaning an event with more than $5 million in insured losses.

As with any insured loss, the insurer may have then sent a representative to see the property and discuss the claim.

As a result, a relatively small fraction of title insurance premiums are used to pay insured losses.

However, due to lower insurance rate of coverage, the original insured losses, $310 million, were tripled, rather than doubled.

An estimated 35,000 vehicles and thousands of homes were damaged in the storm, with insured losses expected to reach $400 million.

Costs have been incurred from business disruption, replacement of damaged parts and insured losses.

Including adjacent states, the storm surge and inland flooding alone caused $407 million in insured losses.

But in the next five years alone, 10 catastrophic windstorms cost more than $15 billion in insured losses.

If we had another one like that, my guess is that the amount of insured losses would be in the neighborhood of $15 billion.

Not anymore; not after the attacks resulted in some $50 billion in insured losses.

In the Bahamas, insurers and reinsurers estimated industry insured losses at about $300 million (2004 dollars).

As insured losses from hurricanes and cyclones mount, several international companies have established in-house groups to study climate change.

The disaster is likely to become the biggest insured loss in maritime history, with analysts putting the total payout by insurers at up to $1bn.