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Forecasting loss ratios and product profitability in such a nascent market is a challenge, not to mention allocating appropriate risk capital for long-tail cyber catastrophe events.
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If MBIA's current models forecasting losses are even close to being right, the company is probably worth more than its current share price would indicate.
America's airlines were forecasting losses approaching $3 billion this year (the death toll of passengers would have been far higher had the four aircraft not been half-empty).
Needham, too, is forecasting losses for virtually all the semiconductor-equipment companies in 1999.
This results in a revised forecast loss of £5m.
Sony increased its forecast loss for the 12 months to March to ¥220bn; in November it had predicted a loss of ¥90bn.
Software company Computer Associates on Wednesday posted a fiscal first-quarter net profit rather than a forecast loss as revenue rose higher than expected.
Forecast losses for the full year also doubled, to 140 billion yen ($1.3 billion), on expected revenue of 3.4 trillion yen.
Largely for that reason, the analyst forecast losses for XYZ at only 4.9percentt of the underlying mortgage pool.
The forecast losses for the current financial year include a charge of 100 million dollars related to industrial action.
Broker WH Ireland forecast losses of £1.8m, up from the previous estimate of £1.3m, but said the disappearance of well known rivals boded well for a recovery.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com