Performance
Fitch Commercial Lines Analysis: Workers’ Comp Weak; Med Prof Deteriorating
Accident-year loss ratios for all major commercial insurance lines except medical professional liability insurance improved in 2012, but none of them produced an accident-year underwriting profit ...A.M. Best Affirms Meadowbrook Ratings, But Outlook Negative
On Friday, A.M. Best Co. announced that the rating agency removed the "under review" status of "A-minus" financial strength ratings for Meadowbrook Insurance Group and its subsidiaries. The status of ...
Upcoming Cat Model Change, Capital Markets Pressuring Prop-Cat Rates, Execs Say
As first-quarter earnings reports started trickling in from property/casualty insurers and reinsurers carriers last week, two executives confirmed that property-catastrophe pricing is coming under ...
Back-To-Back Drought Years Statistically Likely, Platinum CEO Says
When Platinum Underwriters Holdings, Ltd. reported a 6.2 percent drop in first-quarter net premiums last week, CEO Michael Price attributed a small part of the drop to an intentional cut in the ...S&P: Bermuda Outlook Revision ‘No Impact’ on Bermuda Reinsurer Ratings
Standard & Poor's Ratings Services in a report titled "The Recent Outlook Revision On Bermuda Does Not Affect Bermudian (Re)Insurers", said that "despite the recent outlook revision on the ...
Compensation Growth Slowed For CEOs Outside Of Insurance Industry In 2012
Those property/casualty insurance carrier chief executives who saw lower increases in their pay levels in 2012 than in 2011 had plenty of company, according to a report from Towers Watson. Growth in ...
Japan’s Big Leak: Where Will the Money Go?
The Bank of Japan's massive new bid for inflation will create growth but to its chagrin much of it may well be concentrated in financial markets and outside of Japan. So long as Japanese consumers ...