-
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.
-
By Susanne Sclafane, PropertyCasualty360.com |
June 28, 2010
Retail brokers may start seeking larger cuts of the commissions paid out on surplus lines transactions as the soft market continues, a specialty lines insurance executive suggested recently.
-
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.
-
By Susanne Sclafane, PropertyCasualty360.com |
June 11, 2010
With $100 billion in excess capital, the property and casualty insurance market is not turning, a Wall Street analyst said Thursday, and a carrier executive attributed existing conditions to the absence of AIG's historical price leadership.