Commercial Lines

While the words sexy and insurance seldom appear in the same sentence, cyber liability changed that in 2011.

The health-care reform law is not scheduled to take effect in 2016, but questions and impact of the law is already hitting some employee-benefit agency programs.

Enterprise risk management continued to move more toward the mainstream in Corporate America this year, with its implementation being driven by anxious boards and by CEOs more acutely aware than ever of the need to understand and mitigate existential threats.

Marine insurers are used to managing change brought on by new technology, economic turbulence or political volatility. But the number, breadth and complexity of the challenges confronting the industry today can appear daunting to even the most experienced underwriter.

The property and casualty insurance industry got hit hard with losses in 2011, but the prospect of a return to underwriting discipline and improved earnings in 2012 leads Fitch Rating Service to give the industry a stable outlook.

Had Japan been more fully insured for earthquakes, 2011 would have set a record for insured catastrophe losses. As it stands, 2011 will see approximately $108 billion in insured manmade and natural catastrophe losses, second only to 2005, when insured catastrophe losses reached $123 billion, according to a Swiss Re...