Insurance experts at an industry conference said the property and casualty sector had performed remarkably well between 2007 and 2009, three of the most challenging years for the economy in decades.
The moribund economy will combine with zero interest rates to deliver a one-two knockout punch to property and casualty insurer bottom lines, industry leaders predicted here.
Lloyd's chief executive Richard Ward, after a speaking tour at three U.S. business schools, said he was so enthused by the event that he already has plans to visit another American university next year.
In today's tough business climate, employers and their employees must do more with less to keep their economic heads above water. One positive step in this direction is a healthier workforce, at work and more productive.
American International Group's financial problems should not be a factor in a decision whether to establish optional or mandatory federal chartering of insurance companies, congressional staff were advised at a briefing.
A new industry-sponsored academic study finds that the government bailout of American International Group during the financial crisis is no reason for optional or mandatory federal insurance regulation.
The Travelers Companies Inc. said it has established a think tank, The Travelers Institute, to participate in public policy debates on matters of interest to the property-casualty insurance sector as well as the financial services industry.