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Flagstone Re Issues Australia 1Q Cat Loss Estimate; Validus Issues NZ Quake Estimate

propertycasualty360 | February 28, 2011

Flagstone Reinsurance Holdings said losses from natural catastrophes in Australia during the first quarter are expected to be between $60 million and $80 million, while Validus Holdings said last week’s Christchurch, New Zealand earthquake could cost the company between $25 million and $50 million.

Buffett Letter, NAPSLO Report, RMS Model Update, and Chartis Downgrade — Morning Minute Feb. 28

propertycasualty360 | February 28, 2011

Welcome to Morning Minute, a 60 second or less podcast that gives you a preview of the breaking news we’re covering today, Feb. 28, on PropertyCasualty360.com.

United Heartland Web Site Targets Key Industry Segments

propertycasualty360 | February 28, 2011

United Heartland recently launched a new public Web site, redesigned to better market their workers’ compensation services.

RMS Releases Latest U.S. Hurricane Models

propertycasualty360 | February 28, 2011

Risk Management Solutions (RMS) released an upgrade to its U.S. Hurricane Model, incorporating new datasets and scientific developments to advance the industry’s view of U.S. hurricane risk.

Buffett Bemoans Soft Market; Insurance Profit Up 38%

propertycasualty360 | February 28, 2011

Warren Buffett bemoaned the continued competition of the soft market, making a critical assessment of chief executives who pursue market volume over underwriting profit as Berkshire Hathaway’s insurance business produced a profit of 38 percent.

ProspX Secures Additional Funding for Growth

propertycasualty360 | February 28, 2011

ProspX, Inc., developer of an on-demand search and sales collaboration platform for the commercial insurance industry, has completed an $8 million round of Series B funding to further accelerate the company’s growth.

New Corporate Average Fuel Economy Standard Could Cost Insurers

propertycasualty360 | February 27, 2011

By 2016, all new passenger cars must achieve an average of 39 mpg, with light trucks close behind required to meet the equally as strict 30 mpg standard. How will this affect insurers?

Ayer Joins XL Group Board

propertycasualty360 | February 26, 2011

Dublin, Ireland-based insurer XL Group plc said it has named former Hartford chief executive Ramani Ayer to its company’s board of directors.

Ayer Joins XL Group Board

propertycasualty360 | February 26, 2011

Dublin, Ireland-based insurer XL Group plc said it has named former Hartford chief executive Ramani Ayer to its company’s board of directors.

E&S Executives Discuss Industry Worries At NAPSLO Event

propertycasualty360 | February 26, 2011

What keeps E&S insurance executives up at night? That was the question posed to a three-member panel at the National Association of Professional Surplus Lines Offices (NAPSLO) Mid-Year Leadership Forum.

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Flagstone Re Issues Australia 1Q Cat Loss Estimate; Validus Issues NZ Quake Estimate

Buffett Letter, NAPSLO Report, RMS Model Update, and Chartis Downgrade &mdash; Morning Minute Feb. 28

United Heartland Web Site Targets Key Industry Segments

RMS Releases Latest U.S. Hurricane Models

Buffett Bemoans Soft Market; Insurance Profit Up 38%

ProspX Secures Additional Funding for Growth

New Corporate Average Fuel Economy Standard Could Cost Insurers

Ayer Joins XL Group Board

Ayer Joins XL Group Board

E&S Executives Discuss Industry Worries At NAPSLO Event

Resources

Buffett Letter, NAPSLO Report, RMS Model Update, and Chartis Downgrade — Morning Minute Feb. 28