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In rating a sidecar, Moody's said it likes to put itself in the mind of the sponsoring insurer examining factors such as what the ceding commission says about the underlying portfolio and why the spon
The Bermuda-based mutual insurer, which provides insurance for energy interests primarily in the Gulf of Mexico, increased its aggregation limits to $750 million effective June 1, the start of the hur
Mr. Geoghegan said that while the bank has "a very low footprint in insurance," the bank's chief executive of insurance, Clive Bannister, is "taking up the challenge" to build a "significant insurance
"The revised outlook reflects HRH's continued progress in building a more cohesive infrastructure, with greater productivity allowing the company to generate noticeable organic revenue and consistentl
"These ratings recognize ProAssurance's fourth-quarter earnings announcement and take into consideration the continued benefits to be gained from price firming and improved claims trends in the medica
"Rising tort costs increase the demand for, and cost of, liability insurance," said David Golden, director of commercial lines for PCI. "The majority of what you pay in liability premiums goes directl
John Eager, director of claims for the Property Casualty Insurers Association of America, said that local governments are increasingly seeking to charge back or direct-bill property-casualty insurers
"Our plans to set up an office in the Qatar Financial Centre (QFC) reflect the exciting opportunities available there," he said in a statement. "We have had solid growth in the region and believe ther
A risk retention group executive has submitted testimony to a congressional panel calling for an expansion of the federal law governing risk retention groups allowing them to offer property and commer
WASHINGTON--Insurance industry groups appearing yesterday at a House Financial Services Subcommittee hearing argued vigorously against an increased government role for insurance against natural catastr
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