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Develop a specialty in the insurance business and you will never have to worry about staying employed, declared Patrick G. Ryan, the founder and former chief executive of the insurance-brokerage firm Aon in an address in New York yesterday.
The 30-year rupture probability of magnitude 6.7 earthquakes in the Kanto Plain in Japanwhich includes Tokyomay have increased from 72 percent, to between 81 percent and 93 percent since the massive Tohoku earthquake and tsunami, which killed 20,000 people, according to a study by AIR Worldwide.
The 30-year rupture probability of magnitude 6.7 earthquakes in the Kanto Plain in Japanwhich includes Tokyomay have increased from 72 percent, to between 81 percent and 93 percent since the massive Tohoku earthquake and tsunami, which killed 20,000 people, according to a study by AIR Worldwide.
Citigroup has agreed to pay $158.3 million to settle claims that its mortgage unit duped the U.S. government into insuring risky mortgage loans for over six years.
Officials of the American Insurance Association and the Property Casualty Insurers Association of America are describing as significant the outcome of China-U.S. trade-related insurance talks.
Officials of the American Insurance Association and the Property Casualty Insurers Association of America are describing as significant the outcome of China-U.S. trade-related insurance talks.
If the Hartford decides to split its property and casualty and life operations, as proposed by a hedge fund manager who owns an 8.4 percent stake in the company, insurer financial strength ratings could be affected depending on how each entity holds up to an analysis, says Fitch Ratings.
Organizations from a number of states representing various industries formed 69 captive insurance companies in Utah in 2011. Of the states new formations, all were pure captives with one sponsored captive. Most were micro-captives formed for a variety of coverages including Supply Chain, Cyber Liability, Legal Defense and Large Deductible....
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