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The 2006 report, released yesterday, focuses on a number of issues including risk measurement, quantification competencies, how companies calculate and use economic capital risk reporting, and areas w
The world's maritime industry is growing in scale in the size of ships and the tonnage they haul, but the London insurance market is finding itself in a battle with the rest of the world to remain the
Tennessee Commissioner of Commerce and Insurance Paula Flowers announced she plans to leave her job.Ms. Flowers said she notified Democratic Gov. Phil Bredesen of her ...
Aon's Airline Insurance Market Review found that merger and consolidation activity witnessed in 2005, while somewhat abated, "has been a significant factor in the [negative]-7 percent premium erosion
At its meeting in San Antonio, Texas, the Reinsurance Task Force of the National Association of Insurance Commissioners will consider a proposal to scrap the current 100 percent collateral requirement
TT Club said it will provide protection for nuclear and bio-chemical terrorism perils, starting Jan. 1, 2007. The company said that its "industry-leading initiative" is a recognition and response to d
"We expect a smooth transition; our technology platforms are similar as are our cultures," said Craig Sargent, president of Northeast Bank Insurance. "Palmer is exactly the type of agency we were look
Independent Insurance Investments Inc. said it has completed the acquisition of the Omni Insurance Group from The Hartford Financial Services Group Inc.Independent said Omni, a ...
Bank of America Securities reinsurance analyst Tamara Kravec said the current proposed addition of $14 billion to the FHCF could lead to some reductions for accounts that saw some of the most spectacu
Glen Curley, president and chief operating officer of Investors Underwriting Managers in Red Bank, N.J., said that the new name of the company is Markel Underwriting Managers, adding that the name cha
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