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By Phil Gusman, PropertyCasualty360.com, Chad Hemenway, PropertyCasualty360.com |
December 15, 2011
Insurance-company executives, a global broker and analyst firms are weighing in on whether the market is hardening—and their responses include “yes,” “maybe,” and a debate over whether the traditional hard- and soft-market cycles are even relevant anymore in the marketplace.
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By Phil Gusman, PropertyCasualty360.com |
December 8, 2011
In a report focusing mostly on the energy-insurance market, insurance broker Willis took time to discuss the global insurance-pricing cycle, stating a market turn, which many feel is already beginning, is not necessarily guaranteed to occur just yet.
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By Mark E. Ruquet, PropertyCasualty360.com |
April 18, 2011
The earthquake in Japan and two other major losses for insurers have put the brakes at least for now on the soft-market pricing trend in the energy-insurance market, says a report from Willis Group.
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By Mark E. Ruquet, PropertyCasualty360.com |
April 8, 2011
The earthquake in Japan and two other major losses for insurers have put the brakes on the soft-market pricing trend in the energy insurance market, says a report from Willis Group.
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By Staff Writer |
December 14, 2010
A bad economy and a soft market: It's the same old story for the insurance industry. But instead of pinning hopes on an elusive hard market, insurers are focusing instead on new markets and creative ways of doing business to win in 2011 and beyond.
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By Mark E. Ruquet, PropertyCasualty360.com |
October 14, 2010
Experts in the energy field believe insurance market pricing will remain flat for the next 12 months despite early concerns that the Deepwater Horizon spill would drive prices higher.
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By Susanne Sclafane, PropertyCasualty360.com |
July 5, 2010
Although reinsurers cut prices for June 1 renewals, one Bermuda-based executive speculated that price hikes in the insurance loss warranty market--fueled by the Deepwater Horizon disaster--could eventually spread to the reinsurance market.
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By Phil Gusman, PropertyCasualty360.com |
May 17, 2010
Shareholder derivative lawsuits against directors and officers of British Petroleum in the wake of the company's offshore oil rig explosion could result in sizeable recoveries based on current litigation trends, an expert in the field says.
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By Phil Gusman, PropertyCasualty360.com |
May 11, 2010
Catlin Group has estimated that it will face$40 million in claims for the 2010 second quarter from the Deepwater Horizon drill platform disaster.
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By Mark E. Ruquet, PropertyCasualty360.com |
March 23, 2010
Chilean earthquake insurance claims from the energy industry should not exceed $350 million, according to an energy claims specialist with Marsh insurance brokerage.