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U.S. insured losses from storms this year have a 5 percent chance of exceeding the Hurricane Katrina $38.1 billion total in 2005, a catastrophe modeling executive warned at an industry conference yes
"The first quarter of 2006 represents our 21st consecutive quarter with a year-over-year increase in net premiums written, demonstrating our focus on improving revenue when adequate insurance pricing
The QFC Authority is the commercial, administrative and legislative body responsible for driving the commercial strategy of the Qatar Financial Center and for developing relationships with the global
This is "good news for the buyers," Mr. Bradford said in an interview. "Obviously there were a lot of investors who put money in the market after Katrina expecting to see rates skyrocket, and it just
Swiss Re and General Electric have agreed that the portion of the purchase price payable in Swiss Re shares is to be reduced to $2.4 billion. In addition, $500 million of mandatory convertible instrum
"This was by far the best combined ratio and most profitable quarter in Chubb's history," said Chubb Chairman John Finnegan. "All three of our insurance businesses made substantial contributions to th
The study, titled "Title Insurance: Preliminary Views and Issues for Further Study," was released yesterday by the GAO through Rep. Mike Oxley, R-Ohio, House Financial Services Committee chairman. Rep
Under the IRS' ruling the exemption applies only to nonlife insurance companies with "gross receipts" for the taxable year that do not exceed $600,000, if premiums make up more than 50 percent of gros
Under the IRS' ruling the exemption applies only to nonlife insurance companies with "gross receipts" for the taxable year that do not exceed $600,000, if premiums make up more than 50 percent of gros
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
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