The phrase "soaring losses" is correct and commonly used in written English.
It describes a significant increase in financial losses. It can be used in various contexts, such as in business reports, news articles, or financial statements. Example: The company's stock prices plummeted as a result of the soaring losses it experienced in the last quarter.
Insurers had requested an increase of nearly 80percentt because of soaring losses they attributed to fraudulent claims.
But when soaring losses at state-owned firms forced the government to lay off about one-third of all state employees between 1996 and 2002, the official unemployment rate rose only slightly.
Flood defences were typically designed for past conditions, so even a moderate rise in sea level would lead to soaring losses in the absence of adaptation, the study warns.
But the international community, which helped fortify Colonel Qaddafi's dictatorship and now has a great moral responsibility to our new nation, must act to assist the uprising and limit the soaring loss of innocent life.
They are now facing increased pressure from soaring loan losses and higher deposit insurance costs as the F.D.I.C. seeks to shore up the industry fund.
Cleveland's unemployment rate rose slightly in 2010 to an average of 9.3%, but the city's unemployment rank improved relative to other cities, thanks to soaring job losses across the U.S. Cleveland benefited from a housing market that never overheated and therefore hasn't crashed as much as many other metros.
The Treasury has provided Fannie and Freddie with $95 billion to cover losses tied to soaring default rates and losses in value on their own mortgage portfolios.
According to estimates by the Center for Asia Pacific Aviation, consultancy in Sydney, airline losses in the Asia-Pacific region exceeded $10 billion last year, with airlines' bottom lines battered by soaring oil prices, losses on fuel hedging contracts, and declining passenger traffic.
Product incentives and rebates up to $4,000 per car sent Chrysler's losses soaring, eating up cash reserves.
In the early months of 2009, with job losses soaring past a half-million a month and the country desperate for bold, creative leadership, the president had an opportunity to rally the nation behind an enormous "rebuild America" effort.
Thirty-eight years later, the quick and dirty option of highly mechanized mountaintop removal has resulted in massive coal mining job losses, soaring poverty, polluted waterways and the demise of hope in the Appalachian region.
