At this point there are more questions than answers, he indicated during comments at his organization's annual meeting here. "How will businesses and the [comp] marketplace and economies react?" he

Insurers offered incentives to boost capacity, ease burden on carrier of last

"This is the first catastrophe bond we have rated that covers Mexican earthquakes," said Standard & Poor's credit analyst Maren Josefs. "Cat bonds of this type are well-established risk management too

The company said it was not able to file its quarterly Form 10-Q for the first quarter because its Audit Committee of the board of directors could not complete a review of three finite risk contracts

The decision to review Swiss Re for a possible downgrade was made last November, Moody's said, when the company announced it had reached an agreement with General Electric to acquire GE Insurance Solu

Developer Larry Silverstein has set a Monday deadline for 16 insurers to say how they will respond to new building arrangements reached last month among private and public players in rebuilding the Wo

Tadashi Kodama, chairman of the General Insurance Association of Japan, said he "welcomes the initiative takes by Sens. John Sununu, R-N.H., and Tim Johnson, D-S.D., introducing federal regulation" la

Bear Stearns analyst David Small said if 2006 shows continued high frequency but lower severity, reinsurers should perform better than insurers, due to generally higher property-catastrophe attachment