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The aerospace-insurance market will continue its soft period as lead premium fell an average of 2 percent for 2011-2012 insurance programs, according to Aon Risk Solutions.
The aerospace-insurance market will continue its soft period as lead premium fell an average of 2 percent for 2011-2012 insurance programs, according to Aon Risk Solutions.
Swiss Re said Chief Executive Stefan Lippe will take early retirement after roughly three years at the helm in a surprise move which analysts said added a new element of uncertainty to a company Lippe had helped stabilize.
Swiss Re said Chief Executive Stefan Lippe will take early retirement after roughly three years at the helm in a surprise move which analysts said added a new element of uncertainty to a company Lippe had helped stabilize.
The pricing cycle is entering a phase that is not in any way a traditional hard market, according to analyst firm Keefe, Bruyette & Woods, as prices have bottomed and even risen in some cases, but capital remains plentiful.
After taking into account estimated Thailand-flood losses at Swiss Re and Munich Re, Moodys Investors Service says it expects the event to meaningfully hit the reinsurance industrys fourth-quarter results, but notes that it should also add to the current momentum for price hardening.
After taking into account estimated Thailand-flood losses at Swiss Re and Munich Re, Moodys Investors Service says it expects the event to meaningfully hit the reinsurance industrys fourth-quarter results, but notes that it should also add to the current momentum for price hardening.
Insurance representatives sitting on three separate panels failed to provide a consensus on what the role of the Federal Insurance Office should be in insurance regulation.
Insurance representatives sitting on three separate panels failed to provide a consensus on what the role of the Federal Insurance Office should be in insurance regulation.
Recent global catastrophes and revised catastrophe models may end up reversing a decline in demand for reinsurance capacity A.M. Best says in a special report on the Bermuda market.
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