-
By Arthur D. Postal, PropertyCasualty360.com |
October 29, 2010
The current soft market in the commercial insurance markets is unsustainable in the long-term, but hardening of insurance prices will only be seen when insurers and reinsurers start to significantly eat into capital reserves.
-
By Phil Gusman, PropertyCasualty360.com |
August 16, 2010
Property and casualty results at AIG deteriorated slightly in a competitive market, while overall the company reported a second-quarter net loss of $2.7 billion, primarily due to a $3.3 billion goodwill impairment charge on the sale of a life subsidiary.
-
By Phil Gusman, PropertyCasualty360.com |
August 6, 2010
American International Group (AIG) reported a 2010 second quarter net loss of $2.7 billion, which the company said was primarily due to a $3.3 billion goodwill impairment charge.
-
By Phil Gusman, PropertyCasualty360.com |
August 6, 2010
American International Group (AIG) reported a 2010 second quarter net loss of $2.7 billion, which the company said was primarily due to a $3.3 billion goodwill impairment charge.
-
By Caroline McDonald, PropertyCasualty360.com |
June 9, 2010
The Deepwater Horizon Drilling Platform explosion and subsequent oil spill in the Gulf of Mexico was not a risk management issue, an insurance executive said.