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By Chad Hemenway, PropertyCasualty360.com |
April 26, 2012
Declaring that a turn to a hard-market cycle is more visible, the chief executive of W.R. Berkley Corp. said he’s willing to bet there are carriers that are in for major trouble because they are being “stupid” and not increasing rates fast enough.
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By Chad Hemenway, PropertyCasualty360.com |
April 24, 2012
Declaring that a turn to a hard market cycle is more visible, the chief executive of W.R. Berkley Corp. says a company somewhere is in for major trouble because they are “stupid” not to increase rates.
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By Mark E. Ruquet, Chad Hemenway, PropertyCasualty360.com |
February 9, 2012
Allstate Corp. saw its fourth-quarter net income jump 145 percent, while W.R. Berkley, ACE Limited, CNA and Validus reported Q4 net-income decreases along with global reinsurer Munich Re.
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By Mark E. Ruquet, PropertyCasualty360.com |
February 1, 2012
Greenwich, Conn.-based insurer W.R. Berkley says 2011 fourth-quarter net income was down 7 percent, but its chief executive says rate increases are taking hold and 2012 should be a better year.
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By Chad Hemenway, PropertyCasualty360.com, Phil Gusman, PropertyCasualty360.com |
June 23, 2011
As more insurers begin to make second-quarter loss estimates from tornado-spawning storms that ravaged parts of the U.S. in April and May, Aon Benfield says insured losses for the two months are nearly triple the annual average over the last 20 years.
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By Staff Writer |
June 22, 2011
Greenwich, Conn.-based insurer W. R. Berkley Corp. says its estimated pre-tax losses for April and May U.S. storms are $65 million.
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By Susanne Sclafane, PropertyCasualty360.com |
November 24, 2010
Participants in the excess and surplus lines industry generally expect a replay of 2010 market conditions in 2011, but that does not mean they believe the soft market is a "new normal" for the property and casualty industry.
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By Susanne Sclafane, PropertyCasualty360.com |
November 22, 2010
For the most part, participants in the excess and surplus lines industry expect a replay of 2010 market conditions in 2011.
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By Mark E. Ruquet, PropertyCasualty360.com |
October 27, 2010
Greenwich, Conn.-based insurer W.R. Berkley Corp. reported its third-quarter net income dropped 4 percent, primarily due to weather-related losses.
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By Mark E. Ruquet, PropertyCasualty360.com |
October 12, 2010
There are many stories in this industry about people who thought they were on a satisfying career path to one career and found themselves through some quirk of fate in the insurance industry.