Commercial Lines

Professional services firm Marsh & McLennan Cos. reports 2011 fourth quarter net income increased 26 percent, as both its risk and insurance and consulting divisions reported positive growth.

The government in Thailand is looking to establish what would be the largest excess-of-loss property catastrophe treaty in the worlda catastrophe fund equipped to cover losses of up to $16.2 billion.

The government in Thailand is looking to establish what would be the largest excess-of-loss property catastrophe treaty in the worlda catastrophe fund equipped to cover losses of up to $16.2 billion.

The insurance industry needs to not just ride the rising tide" of rate increases but rather focus on new drivers of today's economic recovery in order to tap growth opportunities, says a leading industry observer.

Rates on commercial all-risk property policies saw across-the-board increases in January, climbing by close to 6 percent in some cases, says insurance broker Marsh.

Rates on commercial all-risk property policies saw across-the-board increases in January, climbing by close to 6 percent in some cases, says insurance broker Marsh.

Catastrophe losses in 2011 led to the U.S. P&C industrys largest underwriting loss since 2002, according to A.M. Best. And while the latest MarketScout barometer shows that 2012 began with another month of commercial-lines rate increases, Best maintains that a true hard market is likely at least a year or...

After a rough, cat-filled 2011, how do commercial-lines carriers feel about 2012? NU asked several key players for their perspective on which lines offer new opportunities; how they will expand their distribution channels; where carriers will be investing; and how they will handle relationships with risk managers as the...