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"Excess capacity, higher interest rates and favorable underwriting results will continue to support a soft market for the balance of 2006, barring any unusual or cataclysmic events," said MarketScout
Lloyd's reported a 2005 pretax loss of $181 million--a big difference from the profit of $1.5 billion for the previous year, but not too bad considering last year's record storm season, according to
The decision earlier this month by U.S. District Court Judge L.T. Senter Jr. in Gulfport, Miss., is the latest in the case brought by Elmer and Alexa Buente, who are contesting Allstate Property
But when the Beacon Mutual Insurance Company board session ended at 2:15 a.m. on April 20, the group had still not decided whether to yield to a request to turn over employee computer hard drives, a
Mr. Small said he saw the share repurchase as an indication "both management and the board are working to address the company's significant excess capital position as it heads into a self-described lo
Swiss Re said it also expects to undertake a rights offering of $1 billion equivalent to existing shareholders at market on a 1-for-17 basis (one new share for each 17 existing shares). Shares not tak
Swiss Re said it also expects to undertake a rights offering of $1 billion equivalent to existing shareholders at market on a 1-for-17 basis (one new share for each 17 existing shares). Shares not tak
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