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Two insurance and reinsurance companies have provided loss estimates for the February 2011 New Zealand earthquake, with both companies basing their individual losses on expected industry losses upward of $12 billion.
Merger and acquisition activity for property and casualty insurers, agents and brokers heated up in 2010, as insurers sought to improve their strategic standing within the industry, according to a report from Conning Research & Consulting.
We continue coverage of the Japan earthquake and tsunami by looking at how technology is helping disaster response, but we also look at Conning's report on M&A activity in 2010, accident taxes in Utah, and more.
We continue coverage of the Japan earthquake and tsunami by looking at how technology is helping disaster response, but we also look at Conning's report on M&A activity in 2010, accident taxes in Utah, and more.
Google Inc., Twitter, Microsoft Corp. and other U.S. technology companies are finding ways large and small to help out in the wake of last week's earthquake in Japan and the resulting tsunami.
The insurance industry has developed into a perfect storm of increased competition, lackluster investment income, high consumer expectations, and a diversifying market. This combination of factors is making it difficult for many insurers to show consistent profits.
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.
