casualty insurance sector

• No Turn Without AIG Price Leadership, Carrier Exec Says

  By Susanne Sclafane, PropertyCasualty360.com  |  June 21, 2010

  Current market conditions may be the "new normal"--lasting for several years-- industry leaders predicted recently, with one attributing the continued softness to the absence of American International Group's historical price leadership.

• Claims Adjusters Seen As Hardest Hit In P&C Sector Jobs Decline

  By Eric Gilkey, PropertyCasualty360.com  |  March 25, 2010

  The recession's impact on jobs in the property and casualty insurance sector is hitting claims adjusters the hardest, an industry expert told an industry conference.

• S&P Says Personal Lines To See Underwriting Loss

  By Staff Writer  |  January 29, 2010

  For 2009 the personal lines insurance sector is likely to have experienced underwriting losses, and 2010 has a negative outlook, Standard & Poor's Ratings Services reported.

• UK Scottish Insurers May Take An Asbestos Hit, Moody's Warns

  By Staff Writer  |  January 18, 2010

  A new Scottish court decision means insurers with exposure in the United Kingdom Scottish market face potentially elevated asbestos claims costs, which is a credit negative, Moody's Investors Service said.