Is “strategic risk management” just a new semantic spin in the profession’s ongoing evolution? Or does SRM represent a genuine leap beyond standard enterprise risk management?
Mark your calendars! NU provides highlights of some upcoming specialty market insurance events, including the Target Market Program Administrators Midyear Meeting in Boston and NAPSLO’s upcoming webinar on NRRA implications.
The current focus of regulatory scrutiny may be a leading indicator of which industry sectors will be targeted for future securities lawsuits, a former plaintiffs' lawyer said recently.
"We don't reflect on [the compliments] very much," says Ray Voelker, CIO at Progressive Insurance. "The way not to be good at technology would be to say, 'Hey, we're really good at this, so let's sit
Reinsurers recapitalized significantly in 2009, but while pricing was down for the latest Jan. 1 renewal season as a result, underwriting remained disciplined in a softening market characterized by one top broker as "orderly."
Reinsurance rates across most lines of property and catastrophe business declined for Jan. 1, 2010 renewals, according to a study released by reinsurance broker Guy Carpenter & Company, LLC.