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By Emil Metropoulos |
May 21, 2012
Over the past year the major ratings agencies have expressed concern over challenges the Workers’ Compensation line has faced during the recession, as well as the continued pressures it faces in achieving long-term profitability. In its January briefing, Standard & Poor’s went so far as to describe Workers’ Comp profitability...
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By Andrew J. Barile |
May 3, 2012
The current climate is gravitating toward pushing captives—including single-parent captives, association captives and agent-owned captives—to appointing experienced, independent directors to their boards.
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By Joseph Calandro |
April 26, 2012
Standard & Poor’s initiated a great deal of activity surrounding enterprise risk management (ERM) when it announced that it was going to specifically rate insurers’ ERM functions and that those ratings would influence insurers’ credit and financial-strength ratings. At the time, S&P offered specific ERM criteria from a variety of...
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By Anya Khalamayzer, PropertyCasualty360.com |
April 4, 2012
The Hanover Insurance Group, Inc. kicked-off a year-long celebration of its 160th anniversary with the sounding of the closing bell of the New York Stock Exchange.
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By Anya Khalamayzer, PropertyCasualty360.com |
March 29, 2012
Are insurers and reinsurers poised to manage the substantial losses from the tornadoes that wreaked havoc on the Midwest?
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By Mark E. Ruquet, PropertyCasualty360.com |
March 28, 2012
Aon Corp. will remain on the S&P 500 index following its reorganization into a newly formed public-limited company, Aon plc., and moving its headquarters from Chicago to London.
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By Anya Khalamayzer, PropertyCasualty360.com |
March 28, 2012
Swiss Re says its subsidiary Swiss Re Capital Markets has placed a $200 million insurance linked security with the capital markets that has the unique feature of covering the reinsurance exposures of two carriers.
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By Anya Khalamayzer, PropertyCasualty360.com |
March 19, 2012
Although 2012 tornado activity is well above the year-to-date average for 2005-2011, Standard & Poor’s says the insurance and reinsurance industries should be able to sustain the losses.
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By Mark E. Ruquet, PropertyCasualty360.com |
March 14, 2012
Aon stock is not performing as well as the rest of the market because investors are waiting for the company to complete its move to London, an analyst says.
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By Phil Gusman, PropertyCasualty360.com |
March 5, 2012
The mortgage-insurance sector is expected to continue to report operating losses well into 2013, as losses on legacy books of business will likely outweigh the profitability generated from more recent business written since 2008, according to Standard & Poor’s.
