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The study of 60 U.S.-based insurers by PricewaterhouseCoopers in New York found that the industry is dealing with some aspects of runoff management fairly well, while struggling with other aspects.
How do you explain that a technology conference offers excellent sessions and a warm weather location during one of the coldest times of the year, yet the show's exhibit floor is virtually empty? That
Chief Executive Officer Stephen Lilienthal noted that a fourth-quarter reinsurance commutation was the last in a series of such acts that effectively eliminated an interest cost drag on earnings that
The newer a piece of equipment, the more likely it is to be stolen. If given the choice between two similar machines that are just as easy to steal, a thief will choose the newer, more valuable machin
"These structural trends have primarily reduced the volume of reinsurance premiums on the market, made the reinsurance market more competitive, and favored those reinsurers paying most attention to th
Insurance brokerage Brown & Brown reported net income increased 5 percent in the 2006 fourth quarter, but profits were cut into by a settlement ending a contingency fee investigation, an executive sai
Under the current valuation system, companies value their liabilities according to 100 percent of their present value, which Mr. Olsen said makes for greater consistency and comparability of liabiliti
John Marshall, Gene LoVasco and John LoVasco, the current and founding shareholders, and their staff will continue to operate from their existing locations in Sterling Heights and Ann Arbor, Mich., un
Fourth-quarter gross premiums written were $147.5 million compared with $257.2 million for the same 2005 period, while net premiums earned told much the same story with $159 million in last year's fou
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