Hannover Re cuts profit targets in view of hurricane, typhoon losses
642092
Hannover Re, the world's fifth-biggest reinsurer, is cutting its full-year profit forecasts as damage claims piled up in connection with the recent spate of hurricanes and typhoons in the US and the Asia-Pacific region.
756947
Japanese electronics maker Hitachi slashed its full-year profit forecast because of ballooning costs to repair nuclear reactors and slumping sales of some products, saying Friday it now expects to lose 55 billion yen this year, or about $467.3 million.
303462
Midland Co. on Thursday said third-quarter profits fell by almost half as the specialty insurer sustained heavy claims losses from the hurricanes that swept through the Southeast during the summer.
525933
Munich Re, the world&#39;s largest reinsurer, lowered its target for 2004 earnings after the worst storm season in more than a century led to 550 million euros ($714 million) of damage claims.
736181
The property insurance industry had record third-quarter losses this year after a series of storms, including a string of hurricanes, according to an actuarial firm&#39;s preliminary estimate.
95029
JetBlue Airways Corp. , a low-fare carrier flying mainly on the East Coast, said third-quarter profit will be lower than it expected because of hurricanes that forced flight cancellations in Florida and high fuel costs.
322980
Carnival Corp. on Tuesday lowered fourth-quarter guidance an additional 2 cents a share on expected losses from Hurricane Jeanne, which caused passengers to cut short or cancel trips.
452417
RWE AG, Germany s second-largest utility, cut its profit forecast for this year because of costs for asset sales and higher coal prices.
457326
The blizzard that blanketed the U.S.  Northeast this weekend snarled travel and shut down businesses  along the Atlantic, but many companies, particularly retailers,  were expected to make a swift recovery.
686682
Insurance adjusters and meteorologists are still crunching numbers and analyzing data, but the 2004 U.S. hurricane season will likely go down as one of the most active on record.
740378
Berkshire Hathaway, the company run by billionaire investor Warren Buffett, reports a drop in quarterly profits after hurricanes cost it $816m (Â£439m).
206041
Typhoon Aere churned toward crowded northern Taiwan on Tuesday with 99 mph wind gusts, closing schools and financial markets and dumping heavy rains that threatened to trigger flash floods and landslides. Rough seas killed five fishermen in Taiwan and two children in Japan, officials said.
754234
JetBlue Airways Corp. JBLU.O on  Wednesday said third-quarter earnings would be lower than its  previous estimates because of disruptions from the two recent  hurricanes, Charley and Frances.
142403
Munich Re, the world's biggest reinsurer, said Wednesday that losses resulting from this year's string of hurricanes in the Caribbean and southern United States will make it "much more difficult" to reach its ...
376472
The property insurance industry sustained record third-quarter losses this year after a series of storms, including a string of hurricanes, according to an actuarial firm&#39;s preliminary estimate.
276860
Business & money: Leading stores forecast shortfall in year's profits after shoppers cut back on festive spending
88603
PARIS : After a nearly unbroken succession of hurricanes in the Caribbean and typhoons in Asia, the global insurance industry is doing its books, with US$50 billion in economic losses and US$20-US$35 billion in insured losses expected so far.