PCI News
Premium Growth Continues for 14th Straight Quarter, WC to Lead in 2014
Although the growth in industry total net property/casualty insurance premiums slowed in the third-quarter, an unbroken string of quarterly hikes is longer than a prior period of back-to-back ...
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 ...
Heard at PCI: Re Brokers See Changes Beyond Rate Drops at Jan. 1
Insurance carriers are not sitting around looking forward to lower-priced reinsurance contracts on their Jan. 1, 2014 renewals. For some, the renewal negotiations are done. Others are locking in ...
Reinsurers Target Regional Carriers as Alternative Capital Lures National Accounts
Regional and super-regional carriers may start getting more attention from reinsurers in advance of Jan. 1, 2014 renewals, a broker representative predicted recently. During the PCI Annual Meeting in ...
State Auto’s Restrepo Elected PCI Chair
State Auto Insurance Companies President, Chairman and CEO Bob Restrepo has been elected chair of the board of governors of the 1,000-member Property Casualty Insurers Association of America (PCI). ...
PCI Elects Dirks, Duclos to Board of Governors
The Property Casualty Insurers Association of America (PCI) elected Douglas D. Dirks, president and chief executive officer of Employers Holdings, Inc., and David Duclos, CEO of QBE's North American ...
Financial Stability Board’s Report Misses the Mark: PCI Executive Perspective
In the United States, football season has just arrived. In Europe, football season has been underway since August. While both are sports and both sports are called "football," they couldn't be more ...
P/C Insurers Turned Profit On Underwriting In Q1; First Since Q42009
First quarter results for U.S. property/casualty insurers show they made a profit on underwriting for the first time since late 2009. Private U.S. property/casualty insurers' net income after taxes ...