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Bermuda-based reinsurer Allied World Assurance Company Holdings, Ltd., said Frank D'Orazio has been named its new chief underwriting officer and David Bell its new chief operating and administrative o
WASHINGTON--Stronger support for their mortgage-backed securities holdings makes the government's decision to place mortgage giants Fannie Mae and Freddie Mac into conservatorship a net positive to pub
The Hazard & Risk Science Review, sponsored by Benfield brokerage and reinsurer PartnerRe--which deals with research published over the past 12 months on atmospheric, geological, hydrological and cli
For the insurer and the owner of a vehicle involved in a "rock rental," parting is sweet sorrow indeed. This type of loss, which is also called a "drug give-up," refers to the growing incidence of
PHILADELPHIA--Consumer advocates and industry representatives clashed yesterday over the role of regulators in insurance and debated the advantages of strong, effective regulation versus regulation tha
WASHINGTON--Reinsurance industry trade groups said they are urging state and federal lawmakers to back legislation that promotes storm proofing of homes and land conservation to cut hurricane losses ra
On Friday, Bloomington, Ill.-based State Farm, the number one personal lines insurer in the four states declared catastrophe losses by the Insurance Information Services' Property Claim Services, said
Ironshore announced July 1 it was making an entry in the Lloyd's market and acquiring the firm from Chaucer Holdings PLC. Mark Wheeler serves as active underwriter for the Syndicate. Pembroke Managing
Return on equity dropped from 17.1 percent in 2006 to 15 percent in 2007, and net underwriting income dropped 18.1 percent to C$2.3 billion (U.S. $2.2 billion) in 2007. The combined ratio climbed from
Tropical Storm Risk, the London-based climate and risk forecasting consortium, said today in a new prediction that there is a greatly increased chance of hurricanes hitting the United States this stor
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