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Liability claims have been lower than expected in recent years, boosting insurers' profitability despite declining liability prices, according to Swiss Re's latest sigma study.
The historic domination of the U.S. in terms of overall share of M&A in the industry has slipped as Europe has taken pole position in the volume of transactions completed, according to the latest Global M&A report from Clyde & Co
Superstorm Sandy, like many major natural disasters before it, has given rise to a number of unique and important commercial property insurance coverage issues. As the storm's two-year anniversary approaches, most of these issues are just starting to wind their way through the courts.
U.S. stock-index futures were little changed Monday, after equities posted a weekly decline, as investors assessed regional manufacturing data to help gauge the timing of any Federal Reserve rate increase.
Uniformity of taxation of the surplus lines market remains the key regulatory and legislative goal of the National Association of Surplus Lines Offices Ltd. (NAPSLO), according to NAPSLOs Legislative Committee.
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