Commercial Lines
Allied World’s Sales Dip, Stock Drops
Allied World Assurance Co., the seller of aviation and environmental insurance, fell the most since February as second-quarter profit missed analysts' estimates amid a decline in sales. Allied ...
AIG Is Lead Insurer for Taiwan Plane Crash
American International Group Inc. is the lead insurer of the TransAsia Airways Corp. passenger plane that crashed near Taiwan's Magong airport, according to Aon Plc, a broker that tracks the market ...
U.S., Canada Face Below-Average First-Half at Losses: Verisk
The U.S and Canada both experienced below-average catastrophe losses in the first half of 2014, a trend that has been a relative boon for the property/casualty industry so far this year, Verisk ...
ACE CEO Greenberg Gushes About Emerging Market Potential
ACE Ltd. generated mostly robust 2014 second-quarter results. Chairman and CEO Evan Greenberg acknowledged as much during the company's investor call on July 23. But he spend a lot of time on ...
Colorado Regulators See Real Link Between Quakes and Wastewater Wells
Colorado regulators said on Thursday that the disposal of oil and gas wastewater at a well in Weld County likely caused a series of small earthquakes this year, in another sign that a U.S. drilling ...
Cat Losses Ding Travelers’ Q2 Net Income
The Travelers Cos. began 2014 with a bang, giving investors a first quarter of soaring net and operating income, thanks in part to a major acquisition. For Q2, however, higher catastrophe losses ...
U.S. at High Risk for Cyber Terrorism, Says 9/11 Commission
The terrorist threat against the U.S. remains dangerous 10 years after the 9/11 Commission issued its first report—only now the risk is greater online. In a report issued Tuesday, panel members who ...
Bain: Few P/C Outfits Excel at Both Attracting and Keeping New Clients
When it comes to building new business, the property/casualty insurance industry has split in two. Some companies in the marketplace are great at acquiring customers; others are brilliant at ...