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It’s not just insurers—pretty much the entire corporate world underestimates the difficulty of translating from a strategy to the respective project. Usually they have a strategy group or someone to deliver a strategy report on how they should be growing. Translating that into the specific projects that are needed—when they...
With chatter about the next market turn heating up, experienced niche-market participants don’t anticipate a replay of the gut-wrenching turmoil that left some program administrators out in the cold during the last turn. But that doesn’t mean program books won’t need to be mended or that some carrier retrenchment from...
The prolonged soft market is about to run its course, and it will be replaced by a gradual turn that agents and brokers will see over this year and next, according to a panel of industry experts.
ACE Ltd. is the dominant and strongest of Bermuda-based insurance companies, according to data released today by the Association of Bermuda Insurers and Reinsurers.
ACE Ltd. is the dominant and strongest of Bermuda-based insurance companies, according to data released today by the Association of Bermuda Insurers and Reinsurers.
An insurance industry analyst using a proprietary scoring method designed to reveal early warning signs of trouble for property and casualty insurers sees a market turn on the horizon—but says it isn’t here yet.
Bermuda-based Endurance Specialty Holdings says it expects $125 million in losses from the March 11 Japan earthquake and tsunami, and Iowa-based United Fire & Casualty Company says it expects $10 million in first-quarter catastrophe losses incurred in the company's assumed reinsurance portfolio.
Frank Petersmark, CIO advocate for X by 2, a software architecture consultancy, believes there is a natural friction there between agents and carriers when it comes to keying in data.
Working with carriers is one of the most common ways for agents and brokers to reach out to the global marketplace. A perfect example is the story of Capacity Coverage Co. of New Jersey, Inc.
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