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By Chad Hemenway, PropertyCasualty360.com |
April 23, 2012
The global-reinsurance market ended 2011 with the about the same amount of capital it started the year with, despite significant catastrophe events.
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By Mark E. Ruquet |
April 5, 2012
The growth of microinsurance in developing countries is currently at the same point that insurance in developed nations was 100 years ago, one report suggests—and companies willing to enter into this unconventional
business are already seeing some profit.
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By Chad Hemenway, PropertyCasualty360.com |
March 22, 2012
Insurance company rating agency A.M. Best Co. has placed The Hartford Financial Services Group Inc. under review with “developing implications.”
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By Chad Hemenway, PropertyCasualty360.com |
March 15, 2012
A catastrophe-laden 2011 and a tornado-filled start to 2012 could have a debilitating impact on smaller carriers, based on the simple premise that they often have a lot smaller of a financial cushion—less business from which to draw and pay claims, analysts say.
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By Chad Hemenway, PropertyCasualty360.com |
February 24, 2012
Throughout the country surplus-lines carriers are being affected by newly enacted and proposed legislation, but a measure being mulled in Florida is looking at these unregulated high-risk writers to help save the state’s residential market.
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By Chad Hemenway, PropertyCasualty360.com |
February 23, 2012
Desperate to shrink its dangerously overexposed state-run insurer, Florida is floating legislation to allow eligible surplus-lines insurers to take policies from Citizens Property Insurance Corp., the state’s ostensible last-resort insurer.
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By Chad Hemenway, PropertyCasualty360.com |
February 16, 2012
The government of Thailand is looking to establish what would be the largest excess-of-loss property-catastrophe treaty in the world—a catastrophe fund equipped to cover losses of up to $16.2 billion.
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By Staff Writer |
February 15, 2012
Lloyd's estimates its net claims from last year's flooding in Thailand will be $2.2 billion, based on its estimate of $15 billion to $20 billion in losses for the insurance industry overall.
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By Chad Hemenway, PropertyCasualty360.com |
February 14, 2012
The government in Thailand is looking to establish what would be the largest excess-of-loss property catastrophe treaty in the world—a catastrophe fund equipped to cover losses of up to $16.2 billion.
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By Phil Gusman, PropertyCasualty360.com |
January 30, 2012
A.M. Best has revised its outlook to “stable” from “negative” on American International Group, Inc.’s “bbb” issuer credit rating and on Chartis U.S. Insurance Group’s “A” financial strength rating.
