Rosalie Donlon is the editor in chief of ALM's insurance and tax publications, including NU Property & Casualty magazine and NU PropertyCasualty360.com. You can contact her at [email protected].
As defined by the National Association of Insurance Commissioners, catastrophe bonds (commonly abbreviated to cat bonds) are a segment of the insurance-linked…
Is the property & casualty insurance economic picture better from the outside looking in, or the inside looking out? A panel of outside experts, followed by a panel of insurance company CEOs, considered this question at the Property/Casualty Insurance Joint Industry Forum, held Jan. 13 at New York's Waldorf-Astoria.
Net income after taxes for private U.S. property and casualty (P&C) insurers for the first nine months of 2014 dropped by $5.1 billion to $37.7 billion, compared to $42.7 billion over the same time period in 2013.