Content from Susanne Sclafane
Pacific Specialty’s CEO: Working Within Limits, Re-engaging Independent Agents
When employees of Pacific Specialty Insurance Co. bemoan the fact that they don't have a ton of money to spend on sales and marketing to generate growth, the CEO does not promise to find more ...
Fast Money Hedge Funds Won’t Keep Pension Funds Out of Terror Market, Says ILS Manager
To understand why the insurance-linked securities market will offer greater amounts of terror risk coverage in the years ahead, you have to understand the difference between two groups of ILS ...
TRIA Changes Debated: Congressional Hearing Highlights
Representatives of the property/casualty insurance industry all testified in favor of extending the Terrorism Risk Insurance Act during a House Financial Services committee hearing last week, but ...
We Can Write Terror Risk: Part II
The leader of a firm thought to be the world's largest investment manager of catastrophe bonds told federal lawmakers last week that the insurance-linked securities market is poised to provide ...
We Can Write Terror Risk, Industry Execs Say
At least two property/casualty insurance and reinsurance industry executives highlighted the industry's capacity to write terrorism coverage during recent earnings calls, with the most forceful ...
Bring on the Competitors, Reinsurance Brokers Say
If you ask Frank Harrison, chief executive officer of New York-based reinsurance intermediary Holborn Corp., whether he worries about competitors coming up behind his firm, you'll hear an unusual ...
‘Neutral-to-Challenging’ Market Ahead: Endurance CEO Charman
Even though Endurance Specialty Holdings will operate in a "neutral-to-challenging" insurance market over the next few years, the refocused organization will be able to compete on "relevance" rather ...
Material Asbestos Losses to Continue Unabated: AM Best
Industry losses from asbestos and environmental claims grew 12 percent in 2012, after a 31 percent decline in 2011, A.M. Best reported Monday. Although a special report by the Oldwick, N.J.-based ...