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By Mark E. Ruquet, PropertyCasualty360.com, Phil Gusman, PropertyCasualty360.com |
June 17, 2011
As rating agencies recently affirmed their negative outlook on commercial lines due in part to soft-market pricing, a new Towers Watson survey shows that rates have been flattening for nine months.
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By Phil Gusman, PropertyCasualty360.com |
June 10, 2011
Price declines are the biggest risk factor for primary property and casualty companies, according to Standard & Poor’s, and the declines are a reason why commercial lines remains the only insurance sector with a negative outlook.
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By Susanne Sclafane, PropertyCasualty360.com |
January 3, 2011
The planned revision of a catastrophe model set for early spring 2011 could impact reinsurance pricing on Jan. 1, as well as property insurance prices in coastal and inland areas, a rating agency analyst said recently.
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By Mark E. Ruquet, PropertyCasualty360.com |
July 19, 2010
Looking to become more of a powerhouse in the global consulting business while bolstering cross-selling opportunities, Aon Corp. announced last week it will acquire human resource and outsourcing firm Hewitt Associates Inc.
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By Mark E. Ruquet, PropertyCasualty360.com |
July 13, 2010
Two rating agencies affirmed the ratings on Aon Corp. after the Chicago-based insurance broker announced plans to acquire Hewitt Associates Inc. for $4.9 billion.
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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.