gross domestic product

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  Lloyd’s Looks Ahead...Way Ahead to Outline Goals

  By Chad Hemenway, PropertyCasualty360.com  |  May 14, 2012

  Lloyd’s is looking ahead to the year 2025 to reemphasize goals for growth in the specialty insurance and reinsurance marketplaces.

• India Insurance Market Growing, but Profitability a Challenge

  By Phil Gusman, PropertyCasualty360.com  |  January 16, 2012

  A.M. Best says it expects further growth for India’s insurance market, but despite increasing premiums, profitability continues to be a challenge for insurers.

• Healthy Emerging Markets Attract Insurers, Swiss Re Finds

  By Caroline McDonald, PropertyCasualty360.com  |  December 20, 2011

  Premium growth in emerging markets has expanded by 11 percent over the past decade, driven by a strong economic environment, insurance supervision and regulations and product innovation, according to a study by Swiss Re.

• Euro Crisis Could Prolong U.S. P&C Soft Market

  By Mark E. Ruquet  |  December 1, 2011

  Europe’s sovereign-debt crisis could impair the U.S. property and casualty industry’s ability to change the course of the soft market—if it results in the economy falling into another recession, according to one industry consultant.

• Europe’s Sovereign Debt Crisis Could Torpedo P&C Market Turn

  By Mark E. Ruquet, PropertyCasualty360.com  |  November 29, 2011

  Europe’s sovereign debt crisis could have a negative impact on the U.S. property and casualty industry’s ability to change the course of the soft market should the economy fall into another recession, an industry consultant says.

• Insuring Against Risk: A Synergistic Approach To Risk Management

  By David Bresch  |  February 16, 2011

  In 2009, natural catastrophes claimed 9,000 lives worldwide and cost insurers $22 billion, even though the year was considered to be a low-loss year compared with previous years.

• Insuring Against Risk: A Synergistic Approach To RM

  By David Bresch  |  February 7, 2011

  Natural catastrophes in 2009 demonstrated the increasing potential from allied secondary perils. Increasingly complex and interlinked risks arising as a consequence of climate change make public-private partnerships essential, Swiss Re’s David Bresch argues.

• P&C Industry Must Shed $74B In Excess Capital For Market Turn

  By Phil Gusman, PropertyCasualty360.com  |  February 3, 2011

  While many observers have pointed out that the property and casualty industry is overcapitalized, Advisen has put a ballpark number on how much excess capital must be drained before a market turn: $74 billion.

• Swiss Re: Public-Private Partnerships Can Ease Nat Cat Budget Burdens

  By Mark E. Ruquet, PropertyCasualty360.com  |  January 27, 2011

  Public-private partnership solutions can substantially ease the financial burden natural disasters put on government budgets as evidence mounts that the burden is growing beyond some nations’ abilities to pay, according to a report from Swiss Re.

• Lower Economic Activity Drives 2.7% Drop In Tort Costs In 2009

  By Chad Hemenway, PropertyCasualty360.com  |  January 17, 2011

  Tort costs dipped 2.7 percent in 2009, but the level is expected to grow over the next two years as the gross domestic product grows.