The prediction came from Tropical Storm Risk (TSR), a consortium of experts on insurance, risk management and seasonal climate forecasting led by the Benfield UCL Hazard Research Centre at University

With considerable uncertainty over prices and conditions in the commercial insurance market, insurers need to be prepared to walk away when prices fall below a prudent, risk-based premium level, the L

ACE Chief Financial Officer Philip Bancroft said the company had moved from a components-based worksheet approach to a range of earnings per share estimates with assumptions for revenue growth and est

The average annual cost for auto insurance premiums nationwide for 2007 is estimated at $847 per policy, the first decrease since 1999. This is a $4 per policy decrease. In 2006, the typical U.S. driv

The average annual cost for auto insurance premiums nationwide for 2007 is estimated at $847 per policy, the first decrease since 1999. This is a $4 per policy decrease. In 2006, the typical U.S. driv

As 2006 draws to a close, many commercial property-casualty insurers are generating exceptional earnings. "Many balance sheets are in their best shape since the late 1990s, when the industry entered i

"Class of 2001" Bermuda companies--formed after the Sept. 11, 2001 terror attacks--besides Endurance, include Axis Capital and Aspen Specialty, both of which have operating subsidiaries that already hol

The company said Mr. Reda has more than 10 years experience at Lockton and more than 15 years of experience in the employee benefits industry. During his career he has worked in the UNUM and Aetna org