Commercial Lines

Aspen says second-quarter net income was more than halved due to $58.7 million in catastrophe losses.

Aspen says second-quarter net income was more than halved due to $58.7 million in catastrophe losses.

How might a direct writer of small-commercial lines get the attention of prospects and close a sale without having agents or brokers to make their case?

How might a direct writer of small-commercial lines get the attention of prospects and close a sale without having agents or brokers to make their case?

Flooding across Central Europe in May and June tops the list of costliest natural insured-loss events in a relatively mild first six months of 2013, according to Aon Benfields Impact Forecasting.

Citing excellent underwriting results and growth in premium rates, Ace Ltd. says second-quarter net income jumped 172 percent and its CEO predicts the industry will continue to get rate increases despite soft reinsurance market conditions.