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Everest Re Group reported that, despite previously unrevealed additional after-tax losses of $50 million from last year's hurricanes, it had first-quarter net income of $168.4 million, a slight boost
HONOLULU--Risk managers face an ongoing battle to make sure their brokers and carriers offer more than lip service in terms of improved service and transparency, leaders of the top commercial buyers gr
Bermuda-based ACE Ltd. has agreed to pay $80 million in restitution and penalties to settle charges of rigging bids on excess casualty insurance and arranging improper "finite reinsurance" transaction
COSS Development Corp. has partnered with CrailHuntly LLC as the exclusive provider to Combosurance of multicarrier composite and single-carrier compliant sales illustrations. Combosurance enables
While there is debate whether warming sea surface temperatures that influence hurricane activity are cyclical or a long-term trend, the modeling expert noted that the continuing main driver of
The issue discussed at an April 19 conference call by insurers and regulators involved hybrid securities in carriers' portfolios that have been classified as common stock by the Securities Valuation o
Mr. Fulwider is principal and president of the Ray Wuestenberg Agency Inc., in West Liberty, Iowa, and of the Fulwider Agency Inc., in West Branch, Iowa. He also is president of Bob Fulwider and Assoc
Barrett Hubbard, managing director, Mint Canadian Specialty Underwriters, said current Canadian insurance products do not provide protection against the potential for loss resulting from quarantine or
During a conference call this morning, PartnerRe President Patrick Thiele said that in addition to low large-loss activity in the quarter, good investment performance contributed to the results for th
During a conference call this morning, PartnerRe President Patrick Thiele said that in addition to low large-loss activity in the quarter, good investment performance contributed to the results for th
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