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NYMEX said it has listed three new financially settled catastrophe risk index futures contracts for trading on the CME Globex electronic trading platform and for clearing on NYMEX ClearPort, beginning
NYMEX said it has listed three new financially settled catastrophe risk index futures contracts for trading on the CME Globex electronic trading platform and for clearing on NYMEX ClearPort, beginning
Disputes leading to arbitration typically arise when insurance or self-insured companies believe their policyholders are not at fault or if they disagree as to the percentage of liability or the amoun
The study of 60 U.S.-based insurers by PricewaterhouseCoopers in New York found that the industry is dealing with some aspects of runoff management fairly well, while struggling with other aspects.
How do you explain that a technology conference offers excellent sessions and a warm weather location during one of the coldest times of the year, yet the show's exhibit floor is virtually empty? That
Chief Executive Officer Stephen Lilienthal noted that a fourth-quarter reinsurance commutation was the last in a series of such acts that effectively eliminated an interest cost drag on earnings that
The newer a piece of equipment, the more likely it is to be stolen. If given the choice between two similar machines that are just as easy to steal, a thief will choose the newer, more valuable machin
"These structural trends have primarily reduced the volume of reinsurance premiums on the market, made the reinsurance market more competitive, and favored those reinsurers paying most attention to th
Insurance brokerage Brown & Brown reported net income increased 5 percent in the 2006 fourth quarter, but profits were cut into by a settlement ending a contingency fee investigation, an executive sai
Under the current valuation system, companies value their liabilities according to 100 percent of their present value, which Mr. Olsen said makes for greater consistency and comparability of liabiliti
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