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By Anya Khalamayzer, PropertyCasualty360.com |
April 24, 2012
The conflict between European Union directives and individual local laws is proving to be a challenge for Europeans and it is affecting liability insurers and reinsurers throughout the continent, a report from Guy Carpenter says.
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By Mark E. Ruquet, PropertyCasualty360.com |
April 12, 2012
Global-reinsurer capital declined 3 percent in 2011 over the previous year as first-quarter catastrophes and reduction in capacity from government programs took a big chunk out of the total, says reinsurance broker Aon Benfield.
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By Mark E. Ruquet, PropertyCasualty360.com |
March 8, 2012
February was a costly and deadly month around the globe with more than 800 deaths and economic losses totaling well over $1 billion, says an Aon Benfield report.
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By Mark E. Ruquet, PropertyCasualty360.com |
February 14, 2012
Professional services firm Marsh & McLennan Cos. reports 2011 fourth quarter net income increased 26 percent, as both its risk and insurance and consulting divisions reported positive growth.
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By Staff Writer |
January 19, 2012
John Cavanagh was named chief executive officer of Willis Re, the reinsurance broking arm of Willis Group Holdings, the firm announced today.
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By Reuters |
December 5, 2011
China's share of the world insurance market has quadrupled in the last 10 years and is set for further growth, helped by a strong economy and better regulation, reinsurance broker Aon Benfield said.
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By Mark E. Ruquet, PropertyCasualty360.com |
November 1, 2011
Through the first nine months of this year, insured catastrophe losses are close to rivaling the worst insured catastrophe year of 2005—and the bulk of those losses can be traced back to events in Asia, according to a report from Guy Carpenter.
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By Mark E. Ruquet |
October 13, 2011
Hub International announced the completion of three acquisitions so far this month, leading other insurance brokers in a busy few weeks of merger-and-acquisition activity.
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By Mark E. Ruquet, Phil Gusman, PropertyCasualty360.com |
September 16, 2011
A recent survey of commercial insurers indicates rates are beginning to harden, but brokers speaking at the Reinsurance Rendezvous in Monte Carlo paint a picture of an uncertain market, particularly for reinsurers, and of executives searching for direction on how to be profitable.
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By Mark E. Ruquet |
September 16, 2011
With global gross-written premiums (GWP) for the P&C insurance industry standing at $1.15 trillion, the United States still ranks No. 1 in premium volume, but expansion of the marketplace remains a challenge for insurers, according to Aon Benfield.
