News

Claims are piling up from extreme weather in the Southeast and Midwest that has kept insurers busy evaluating many thousands of damaged and destroyed homes.

Industry reports released over the past week show that plenty of capacity still remains for property and casualty lines, but the direction of pricing remains uncertain.

Frederick H. Eppinger, CEO of The Hanover, says he certainly won’t apologize for good timing, but the recent bid to acquire Chaucer Holdings was not driven by the state of the Lloyd’s market.

Risk Channel Editor Caroline McDonald is attending the Risk and Insurance Management Society's 2011 annual conference in Vancouver. Join her each day as she tweets from and about one of the biggest shows in the industry. Here are her compiled tweets from Day 1.

Amidst news today that 9/11 mastermind Osama bin Laden had been killed, PropertyCasualty360 compiled this special report on the event by speaking with brokers on how it could affect the insurance market, explaining why TRIA matters more today than ever, and examining social networking's role in measuring terrorism risk.

Pembroke, Bermuda-based ParnerRe Ltd. has raised its expected losses from the March 11 Japan earthquake and tsunami to $730 million.