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Reinsurers Able To Absorb 1Q Cat Losses; Market Change May Be Near

propertycasualty360 | March 31, 2011

The reinsurance industry is well-positioned to absorb first quarter catastrophe losses that could rise as high as $42 billion, according to reports released today, and while pricing is expected to improve, another event may be needed to spur global hardening.

Suspicious Claims on the Rise in Fla.

propertycasualty360 | March 31, 2011

Analysis from the National Insurance Crime Bureau (NICB) from 2008 to 2010 notes a 34-percent increase in the number of questionable claims (QCs).

Suspicious Claims on the Rise in Fla.

propertycasualty360 | March 31, 2011

Analysis from the National Insurance Crime Bureau (NICB) from 2008 to 2010 notes a 34-percent increase in the number of questionable claims (QCs).

Who's Who: Your Guide to the Chartis Restructuring — Slideshow

propertycasualty360 | March 31, 2011

Trying to make sense of all the restructuring and management changes at AIG's Chartis? We show you who the major players are now and what roles they will assume once all the dust settles.

Chartis Names New CEO After Management Shakeup

propertycasualty360 | March 31, 2011

Chartis, the property and casualty unit of American International Group Inc. (AIG), says it has reorganized the structure of its management team, with Peter D. Hancock replacing Kristian P. Moor as chief executive officer.

Buffett Surprised as Top Berkshire Exec Departs

propertycasualty360 | March 31, 2011

A top executive of Berkshire Hathaway who was believed to be on the inside track to one day succeed billionaire Warren Buffett as CEO has resigned suddenly.

Federal Reserve Rejects AIG Securities Buy-Back Bid

propertycasualty360 | March 31, 2011

The Federal Reserve Board says it has rejected American International Group’s offer to buy back a package of securities it had sold the Fed when it needed cash in November 2008.

Federal Regulators Zero In On Non-Exec Compensation Packages

propertycasualty360 | March 30, 2011

Federal financial regulators are taking aim at large compensation packages paid to non-executives at financial institutions.

N.Y. Legislature To Pass Bill Addressing Group Self Insured Trusts

propertycasualty360 | March 30, 2011

The New York State legislature appears to be on the verge of passing legislation to address the state’s group self insured trust workers’ compensation system, which has amassed about $800 million in unfunded liabilities, sources tell NU Online News Service.

Flagstone Re Estimates Up To $130M Japan Quake Loss; $150M For Hiscox

propertycasualty360 | March 30, 2011

Flagstone Reinsurance Holdings puts its losses related to the Tohoku earthquake in Japan in the range of $80 million to $130 million net of reinstatement premiums and retrocession.

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Reinsurers Able To Absorb 1Q Cat Losses; Market Change May Be Near

Suspicious Claims on the Rise in Fla.

Suspicious Claims on the Rise in Fla.

Who&#039;s Who: Your Guide to the Chartis Restructuring &mdash; Slideshow

Chartis Names New CEO After Management Shakeup

Buffett Surprised as Top Berkshire Exec Departs

Federal Reserve Rejects AIG Securities Buy-Back Bid

Federal Regulators Zero In On Non-Exec Compensation Packages

N.Y. Legislature To Pass Bill Addressing Group Self Insured Trusts

Flagstone Re Estimates Up To $130M Japan Quake Loss; $150M For Hiscox

Resources

Who's Who: Your Guide to the Chartis Restructuring — Slideshow