In its Aerospace Insurance Market Review of 2007, the brokerage said the sector witnessed an average 6 percent reduction in lead insurance premium, but the drop was not as sharp as for airline insuran
Dallas-based MarketScout said its figures, based on its insurance exchange transactions, shows the composite decrease continues to slow, moving from 16 percent in December to 15 percent in January and
The Council of Insurance Agents & Brokers' fourth-quarter "Commercial Property-Casualty Market Survey" includes anecdotal evidence suggesting some carriers are beginning to abandon underwriting disci
In its July report on the airline insurance market, Aon in London said the June premium renewal rates were down minus-15 percent, slightly off from this year's average of minus-19 percent. But Aon sai
NEW YORK--While enterprise risk management and predictive underwriting models should theoretically dampen cyclical pricing swings, it's na?ve to think property-casualty insurance management teams will
However, the brokerage found that "in some places, it remains impossible to purchase enough insurance to qualify for a commercial mortgage-backed securities loan unless the lenders agree to modify
Purchasing insurance for catastrophe-zone properties is close to undoable, but elsewhere competition for property coverage is increasing rapidly and prices are falling quicker than expected, one major
U.S. property and casualty insurance price declines stabilized last month, averaging the same 12 percent cut as in March, while the softening market continued to impact some lines more heavily than
The Dallas-based firm said its barometer showed property, business interruption, workers' compensation, employment practices liability and small account premiums all softened further, as compared to
U.S. property and casualty insurance price declines averaged 12 percent last month and continued across all lines, falling from 12 percent to 4 percent depending on category, MarketScout insurance exc