-
By Chad Hemenway, PropertyCasualty360.com |
April 25, 2012
Rates were up and catastrophe losses were relatively light, leading ACE Ltd. to nearly quadruple first quarter net income.
-
April 12, 2012
Brian Duperreault, president and CEO of Marsh & McLennan Cos., has been named chairman of the Federal Advisory Committee on Insurance (FACI). The announcement was made March 30 by Marsh & McLennan, following the committee’s first meeting.
-
By Staff Writer |
April 2, 2012
Brian Duperreault, the president and chief executive officer of Marsh & McLennan Companies, was named chairman of the Federal Advisory Committee on Insurance.
-
By Reuters |
December 29, 2011
U.S. property and casualty insurer ACE Ltd said it bought a general insurance company in Ecuador for $55 million to enhance its base in the country.
-
By Chad Hemenway, PropertyCasualty360.com |
December 22, 2011
ACE Ltd.’s purchase of Penn Millers has prompted insurance rating agency A.M. Best Co. to upgrade the financial strength rating of the agribusiness insurer.
-
By Chad Hemenway, PropertyCasualty360.com |
December 1, 2011
ACE Ltd. has completed its $107 million cash buy of Penn Millers Holding Corp.
-
By Phil Gusman, PropertyCasualty360.com, Chad Hemenway, PropertyCasualty360.com |
December 1, 2011
When looking at the property and casualty industry’s performance for the first nine months of 2011, or even just the third quarter, the news is the same: sharply declining profits and underwriting results compared to the same periods in 2010, according to three recent reports.
-
By Phil Gusman, PropertyCasualty360.com |
November 22, 2011
Specialty commercial insurers continue to lead the way for property and casualty insurers’ underwriting results for this year’s first nine months, but results overall are down sharply compared to same period in 2010, according to a Fitch Ratings analysis.
-
By Mark E. Ruquet, PropertyCasualty360.com |
November 17, 2011
After bearing the effects of a sluggish economy and substantial weather-related losses in 2011, carriers are well aware that they need to increase rates in order to balance their books.
-
By Chad Hemenway, PropertyCasualty360.com, Phil Gusman, PropertyCasualty360.com |
November 4, 2011
While executives on third-quarter-results conference calls say they are seeing improvements in the rate environment, Insurance Information Institute President Robert Hartwig believes the stars are not quite aligned yet for a market turn—and a recent report suggests the impact of rate increases in 2012 could be tempered by expectations of...
