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Company Industry Country Year Fiscal quarter Report date Nominal loss (billion) USD FX rate at period end [36] USD equivalent loss (billion) USD inflation to June 2011 [37] USD real loss (billion) 1: American International Group (AIG) Insurance Financial services United States: 2008: 4Q: 31 December 2008: $61.66 [66] 1: $61.66: 7.37%: $66.2 2 ...
A loss run is a document that records the history of claims made against a commercial insurance policy. It is analogous to a credit report. A loss run report will include information including the date of the claim, the amount paid, and a description of the event. Generally, a loss run will record 5 years of history. [1]
As a result of the long lasting bank runs, the company had lost more than 90% of its high-interest savings deposits. Home Capital Group had also lost more than 10% of its workforce during this long lasting bank-run, which was originally caused from the report by the Ontario Securities Commission in regard to the company's lending practices.
The EV maker recorded a net loss of $773.5 million in the April-June period, a 27% increase from the first quarter and loss 40% bigger than that of the same period last year. It anticipates ...
In 1925, a group of farmers and small town business men from Sheboygan County came together to form the Mutual Auto Insurance Company of the Town of Herman. [6] The formation of the company came at a time when direct writers, mutual companies that sold insurance to farmers and others in specific agricultural businesses, as well as ownership of personal automobiles, were on the rise. [7]
Comcast reported a surprise loss of broadband subscribers in the third quarter — despite reporting a beat on both the top and bottom lines. The report sent its stock plunging.
The company's social media pages include similar complaints. “This is like a disaster, you know, that there’s so many people affected, so many people that really got robbed," he said.
In October 2019, due to the fire, saltwater corrosion, and salvage costs, the Golden Ray was declared a total loss, and it was announced that the ship would be cut up in place and scrapped. [ 27 ] [ 28 ] Insurance losses on the ship were estimated at $70-80 million, and $80 million in her contents.