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The combined ratio was attributed to a 71-point loss ratio and an expense ratio of 30.7. Policyholders' surplus was $64.4 billion, down from the $75.9 billion reported for the same period in 2007,
Towers Perrin expects "that the surplus declines in 2008 will result in increased conservatism in companies' risk appetite. We believe that this, in turn, will lead to a gradual, general firming of
WASHINGTON--James T. Armitage, the new president of the AMS Users Group, told members gathered here they need to challenge themselves and fellow members of the insurance industry to develop better
Ms. Sigler, with the James-Wenner Insurance Agency in Fairlawn, Ohio, was recognized for her efforts to improve the technology functions within her own agency and her work with group chapters to
Elizabeth Demaret, managing director at Itasca, Ill.-based insurance broker Arthur J. Gallagher, has been named chairwoman of the World Federation of Insurance Intermediaries (WFII), an international
Yielding to congressional demands, American International Group Inc. yesterday revealed the U.S. and foreign financial institutions to which it paid taxpayer bailout money, announcing that it now
The current economic crisis does not bode well for insurance brokerage earnings, and one casualty of the fallout might be Arthur J. Gallagher, which could be a prime acquisition target, one analyst
The NU award program is run in cooperation with the Workers' Compensation Educational Conference (at which NU presents a National Trends program) and the Florida Workers' Compensation Institute
S&P's New York office, which released the announcement on Bermuda-based Everest, said the downgrade to "A-plus" affects the financial strength and counterparty credit ratings of the reinsurer's
WASHINGTON--President Obama today ordered Treasury Secretary Tim Geithner to "pursue every legal avenue" to block $165 million in retention bonuses being paid to executives at American International
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