Check out breaking insurance news from our companion site, PropertyCasualty360.com - where agents, brokers, insurers and claims professionals have access to news, research and data, product info, compliance and legal updates, technology developments, industry trends, and more.
Chartis companies have been able to retain 90 percent of their customers despite the economic turmoil American International Group has endured since 2008, AIG CEO Robert Benmosche said at a mid-February investment conference in Manhattan.
If the Hartford decides to split its P&C and Life operations, as proposed by a hedge-fund manager who owns an 8.4 percent stake in the company, the P&C operations would have a more favorable credit outlook than would the Life operations alone, according to Moodys Investors Service.
Develop a specialty in the insurance business and you will never have to worry about staying employed, Patrick G. Ryan, founder and former chief executive of the insurance-brokerage firm Aon, declared during a Feb. 16 address in New York.
Today, the greatest risk facing companies is credit riskthe risk that a customer will go bankrupt owing a lot of money. Thats where Credit insurance comes in.
A report from the Consumer Federation of America critical of the homeowners-insurance marketplace raises some good points, but is based on erroneous data, says an industry consultant.
Standard & Poors Ratings Services revised its outlook for insurance broker USI Holdings Corp. from stable to positive while affirming the firms counterparty credit rating of B-.
Despite many insurers suffering operating losses in 2011, excess capital remains throughout the industry, and analyst firm Keefe, Bruyette & Woods says it is likely insurers will maintain that capital for 2012 growth opportunities rather than return it to shareholders.
Despite many insurers suffering operating losses in 2011, excess capital remains throughout the industry, and analyst firm Keefe, Bruyette & Woods says it is likely insurers will maintain that capital for 2012 growth opportunities rather than return it to shareholders.
Get Answers Directly From the FC&S Experts
Submit your coverage interpretation question to the editors of FC&S for quick and reliable information.
FC&S Coverage Insider helps you stay on top of what's happening in the industry, bringing you the latest risk and coverage analyses, discussions, and more.
