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In a statement expressing its position, RIMS said, "Without the stability offered by a permanent long-term solution, our members are faced with an uncertain and costly marketplace that is not equipped
John Reynolds, vice president of new business for Waterloo, Ontario, Canada-based Intelligent Mechatronic Systems Inc. (IMS), said insurers who develop "Pay As You Drive Insurance" programs could plac
KBW is the most bullish on the commercial lines sector, with its greater potential for mergers and acquisitions activity and less catastrophe exposure. It remains cautious on the auto market and neutr
Hannover Re said it has established Hannover ReTakaful, B.S.C., in Manama, Bahrain, a wholly-owned subsidiary, for worldwide underwriting of retakaful reinsurance business written in conformity with I
Hannover Re said it has established Hannover ReTakaful, B.S.C., in Manama, Bahrain, a wholly-owned subsidiary, for worldwide underwriting of retakaful reinsurance business written in conformity with I
Net income for 13 major U.S. reinsurers rose to $6 billion for the first nine months of 2006, improving from a breakeven position in the comparable period last year as their industry reaped the benefi
While Aon's stock is within 2.6 percent of Merrill's price objective of $38, and in a comparable brokerage and consulting firm it would allow it to raise its price target modestly, Merrill said it did
Many firms, he observed, "are already doing this by default, but not in a manner where people can study it or critique it." Actuaries have the tools to help develop the ERM process, but it requires a
Many firms, he observed, "are already doing this by default, but not in a manner where people can study it or critique it." Actuaries have the tools to help develop the ERM process, but it requires a
Kroll risk consulting company, a Marsh subsidiary, said it has sold its international high-risk asset and personnel protection division, Kroll Security International, to Garda World Security Corp, in
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