Twenty years ago, an insurance carrier's use of reinsurance products like loss portfolio transfers and adverse development covers waved a red flag, signaling potential ...
Just a few days before the official start of the Wholesale & Specialty Insurance Association annual meeting in September, AIG's chief executive officer gave his take on the dominance of ...
Higher catastrophe losses should help push Q3 2021 earnings per share below consensus for carriers, but rate increases should help boost reinsurer results, according to KBW analyst Meyer Shields. ...
The original property/casualty insurance industry reaction that business interruption losses may be modest may have been too optimistic, according to a leading insurance analyst. KBW's Meyer Shields ...
With AIG CEO Peter Hancock on his way out the door after failing to reverse the insurer's fortunes, some see the board turning to an outside replacement rather than an internal candidate in what ...
The movement of third-party capital into the reinsurance space was a constant theme of a recent seminar during which A.M. Best SVP Matt Mosher predicted that reinsurers will ultimately evolve into ...
Have property/casualty insurers and reinsurers forgotten what they're in business to do? That was one of the questions that three industry analysts debated during a recent reinsurance seminar, when ...
Armed with the overstuffed Rolodex of its new CEO, John Charman, Endurance Specialty Holdings is moving into new markets like a startup, the company's chief financial officer suggested at an investor ...
American International Group (AIG) announced replacements for three of the four high-level executives who jumped ship last Friday to join Berkshire Hathaway insurance operations and potentially ...