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(Repeats to omit word ‘mentioned’ in 7th paragaph) (Adds comment background, share information, byline) Stocks By Lilla Zuill NEW YORK, Jan 15 (Reuters) – Property-casualty insurers areexpected to report lower investment income in the fourthquarter and will be hurt by additional catastrophe losses fromworse-than-expected hurricane activity earlier in 2008,Wachovia said on Thursday heat miami schedule . Total insured catastrophe losses in 2008 rose to about $45billion, about double 2007 levels and the third costliest yearon record, according to estimate from Munich Re on Thursday roster heat . Insurers are expected to absorb about one-fifth of globallosses from the financial crisis, said Robert Hartwig, aneconomist with the Insurance Information Institute, citingfigures from the International Monetary Fund, which includeslife insurers spurs heat . While neither investment losses or claims have jeopardizedinsurers’ solvency, profits declined in 2008, Hartwig toldreporters pistons heat . “Insurers have met the challenge and continue to pay claimsin what is likely to become the longest recession since theGreat Depression,” said Hartwig, adding that the worst may yetcome Miami Heat tickets – nba .

Catastrophe losses in the fourth quarter are expected to beminimal, said Hartwig miami herald sports heat . Insurers with large investment portfolios could be amongthe worst hit in the quarter, Wachovia said in a note toclients, referring to companies that have invested in hedgefunds and private equity firms shaq heat . XL Capital Ltd (XL.N) and MaxCapital Group Ltd (MXGL.O) are among those insurers lakers heat . Insurers are set to begin reporting quarterly results bymonth’s end, with Travelers Cos Inc (TRV.N), Allstate Corp(ALL.N) and Chubb Corp (CB.N) among those expected first miamiheat basketball . Wachovia cut its fourth-quarter earnings outlook for 12insurers, including Allstate and Everest Re Group Ltd (RE.N).However, the brokerage expects policy rates to start going upas the year progresses, creating underwriting opportunities.

“Private reinsurers should have an opportunity to writemore business in Florida at the June/July renewals,” Wachoviasaid, adding that the tough credit environment made itdifficult for the Florida Hurricane Catastrophe Fund to raiseenough capital to fully back its expected 2009 capacity . Wachovia named Ace Ltd (ACE Heat tickets .N), EverestRe and PartnerRe Ltd(PRE Miami Heat tickets .N) as its top picks, and said Ace is attracting businessfrom insurance buyers seeking stable carriers, citing thefinancial woes of American International Group Inc (AIG.N), XLCapital and Hartford Financial Services Group Inc (HIG.N) miamiheat dancers . AIG, once the world’s largest insurer by market value, hasbeen badly hurt by massive mortgage losses in a financialproducts unit not tied to any insurance operations The companywas saved from bankruptcy by a U.S government rescue that hasrisen to about $150 billion miamiheat om . EverestRe and PartnerRe should see a rise in demand frominsurers looking to expand the number of reinsurers they buycoverage from, according to Wachovia . (Reporting by Lilla Zuill; additional reporting by AmiteshwarSingh in Bangalore; editing by Jeffrey Benkoe) Stocks nba.com – heat . NEW YORK, Jan 15 (Reuters) – A small plane carrying more than a dozen people splashed down in the frigid waters of the Hudson River off Manhattan on Thursday and survivors were seen standing on the wings awaiting rescue, Reuters witnesses said It was not clear what caused the plane to go down. It was floating on the surface of the fast-moving river and ferries were seen approaching to rescue passengers.(Reporting by Claudia Parsons; Editing by John O’Callaghan).

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