Markets
Top 10 Carrier Management News Reports: Stressed Employees, Tower Woes, Berkshire’s New Venture
Stressed and toxic employees captured the attention of Carrier Management's readers in 2013, with news articles about those two types of workers showing up in the top 10 news reports of the year on ...
Carriers Cut Coverage as ‘Storm Chasers’ Fuel New Roof Demands, Actuaries Report
Homeowner insurers reacting to a growing industry problem, being referred to as "neighbor-itis," has carriers reducing coverage in some regions, actuaries reported recently. Speaking at the Casualty ...
Catastrophe Bond Issuance High, But Short of Record in 2013
The catastrophe bond market experienced near-record issuance in 2013, with $7.1 billion of global issuance falling just short of the all-time record set in 2007 of $7.6 billion, Fitch Ratings ...
Verisk Climate, Weather Decision Technologies Team Up
Verisk Climate, a provider of enterprise climate risk management solutions, and Weather Decision Technologies (WDT), a high-technology leader in the weather industry, announced earlier this month ...
Capacity Keeping E&S Market Competitive; Berkshire Impact Yet to Materialize: Fitch
Growing capacity will limit rate hikes and promote persistent competition in the excess and surplus lines market, Fitch Ratings said in a report earlier this week. The U.S. E&S market, which ...
Federal Financial Crisis Warning Office Struggles to Be Relevant
In June 2009, a small group of academics sent an envoy to a Washington, D.C., think tank to pitch their vision for a research office to help the nation avoid the next financial crisis. The idea was ...
Nine-Month Results Show P/C Industry Headed for Best Post-Crisis Year
With a combined ratio of 95.8 through nine months translating into $10.5 billion of underwriting profit, the U.S. property/casualty insurance industry is on track to report its best year in the ...
A.M. Best Affirms Duperreault’s Hamilton Re, Ltd. at A-Minus
Rating agency A.M. Best Co. has removed from under review with negative implications and affirmed the financial strength rating of A- (Excellent) and issuer credit rating of "a-" of Hamilton Re, Ltd. ...