News: Sandy Spring Bancorp Inc (SASR.OQ)

UPDATE 3-Travelers shares touch life high after earnings beat

* Operating earnings $0.72 per share vs est $0.14 per share

Cat bond sales near $6 bln in 2012 despite Sandy loss threat

LONDON, Dec 13 - Sales this year of new catastrophe bonds have been the second highest since the market began, despite potential losses for investors as a result of superstorm Sandy, Swiss Re said on Thursday.

UPDATE 1-The Hartford says Sandy losses $370 million

Dec 11 - Insurer Hartford Financial Services Group Inc said on Tuesday it expects pretax losses of $370 million from Superstorm Sandy, which ravaged New York and New Jersey in October.

NYC's public pensions could help finance post-Sandy fixes

Dec 6 - Financing for the rebuilding of housing and infrastructure after Superstorm Sandy could come from New York City's public pensions, the city's comptroller said on Thursday.

Underlying private-sector jobs growth was around 150,000 in November: ADP

NEW YORK - Underlying jobs growth in the U.S. private sector was around 150,000 in November after superstorm Sandy and seasonal factors are taken into account, compilers of a private-sector jobs report said on a conference call on Wednesday.

RMS says Sandy estimate puts two Swiss Re cat bonds at risk

LONDON, Dec 4 - Two catastrophe bonds totalling $165 million will pay out in full to issuer Swiss Re if insured losses from superstorm Sandy reach $25 billion, risk modelling firm RMS said on Tuesday.

Little impact to regional housing market from Sandy-NY Fed

NEW YORK, Nov 29 - The regional housing market should see only a small impact from the fallout from the massive storm that hit the U.S. Northeast last month, though delinquencies in hard-hit areas could rise, the New York Federal Reserve said on Thursday.

WRAPUP 1-November sales get Thanksgiving weekend boost

New York's MTA plans $4.8 billion of borrowing after Sandy

NEW YORK - New York's Metropolitan Transportation Authority, the biggest transportation network in North America, said on Wednesday that it could hike short term borrowing and squeeze its already tight budget to pay for repairs after Superstorm Sandy.