Many property and casualty CFOs agree with what large brokers, analysts and industry observers have been saying: Alternative capital is holding down reinsurance rates, contributing to a market that is softer than the primary market.
Many property and casualty CFOs agree with what large brokers, analysts and industry observers have been saying: alternative capital is holding down reinsurance rates, contributing to a market that is softer than the primary market.
Many property and casualty CFOs agree with what large brokers, analysts and industry observers have been saying: alternative capital is holding down reinsurance rates, contributing to a market that is softer than the primary market.
Munich Re, the world's biggest reinsurer, hiked its dividend after a surprise rise in 2013 profit, lifting hopes it can cope with an influx of new competitors and falling prices
The industry is certainly aware of and gaining knowledge about supply chainsbut the products being offered arent necessarily keeping up with the risks, some experts say.
FM Global, one of the globe's leading business-property insurers, reports that its net income for 2012 was $774 millionand that the mutual posted a profitable combined ratio of 85.7 percent, despite the impact of Superstorm Sandythe insurer's single largest net aggregate natural disaster loss to date, which resulted in approximately...