News

Reinsurance pricing and terms continue to soften in many sectors, but other sectors are going through the worst experience in some time as terms and conditions tighten substantially, according to a re

Reinsurance pricing and terms continue to soften in many sectors, but other sectors are going through the worst experience in some time as terms and conditions tighten substantially, according to a re

Allstate said its company president would meet with Louisiana's insurance commissioner after the regulator threatened to sue the carrier if it follows through on plans to drop wind and hail coverage f

The private insurance market, lacking U.S. government involvement, cannot provide sufficient capacity to meet increasing demand for terrorism insurance, according to a report by a global insurance bro

Company chairman Jay Fishman noted that strong retention rates and attractive margins continued. "We see attractive new business opportunities, although with retentions high on an industry basis, the

Morgan Stanley analyst William Wilt said XL's reinsurance segment provided the largest upside surprise with net premiums up 26 percent. "Overall, the portfolio at XL is shifting materially, with profe