News
Charman Questions Soft Market Re-Buying Strategies as Endurance Cedes More
As the market softens, should insurers and reinsurers keep more of their business net, or should they buy more reinsurance and retrocessional cover while there are lower prices and better terms? A ...
Allstate Execs Insist Esurance Is Making Progress
Three years ago, Allstate snatched up direct-to-consumer insurer Esurance, and made it a wholly owned subsidiary, in a bid to reach younger customers through its vast online self-directed consumer ...
Behind every commercial or residential property in a regional insurer’s portfolio are people relying on their carrier to remain resilient...
Swiss Re’s Q1 P/C Premiums Soared, But So Did Its Combined Ratio
Swiss Re Group saw its net income plunge in the 2014 first quarter, but the reinsurance giant said it still performed well compared with the "exceptional" results it produced over the same period ...
Goldman Sachs: Many P/C Insurers Plan Riskier Investments
Nearly 40 percent of property/casualty insurers say they'd like to increase holdings in alternative investments in the coming months to combat low yields, according to a new Goldman Sachs Asset ...
Aspen U.S. Appoints Windsor SVP of Energy and Construction
Aspen U.S. Insurance, part of the insurance segment of Aspen Insurance Holdings Ltd., has appointed Gary Windsor as senior vice president of Energy and Construction. Windsor will be responsible for ...
Louisiana Citizens Starts Home Depot Claims Program
Louisiana Citizens Property Insurance Corp. will connect its policyholders with experienced, licensed and insured local contractors in a program with Home Depot. The state's property insurer of last ...
Morgan Stanley CEO: Jail Not Appropriate for Bad Judgment
Morgan Stanley Chief Executive James Gorman said on Tuesday that he does not believe more bankers should have gone to jail for the financial crisis. "Bad judgment, incompetence, negligence, greed: ...
California Comp Underwriting Profit Unlikely in 2014: Fitch
Although premium rate increases and market reforms will help to improve the underwriting results of California workers compensation insurance writers, they will still see underwriting losses in the ...