Commercial Lines

German insurer Allianz SE saw third quarter profits sag $350 million from $1.73 billion the year before because of investment losses and Greek bond writedowns from Europe's debt crisis.

The last time buffer liability insurance was in vogue, Ronald Reagan was in the White House. But now, the need for a buffer layer of excess coverage is emerging back into the structure of risk-sharing within the excess and umbrella insurance worlda sign that the market is transitioning from soft...

Showing rate increases/decreases were flat for the month, MarketScouts October barometer provides further evidence of the soft market making a turnaround. One insurance-broker executive says he believes the industry is actually primed for an increase in demandalthough likely in areas outside the traditional property and casualty arena.

Insurance broker Willis put its aviation premium reductions well below the industry average, according to a recent report.

Insurance broker Willis put its aviation premium reductions well below the industry average, according to a recent report.

Experts say the overall insurance-aviation market is expected to remain flat for the rest of this year and begin 2012 at the same level, with pricing driven primarily by individual risk assessment, according to a recent report from Aon.

Experts say the overall insurance-aviation market is expected to remain flat for the rest of this year and begin 2012 at the same level, with pricing driven primarily by individual risk assessment, according to a recent report from Aon.

EMC Insurance Group Inc. says a record $26.4 million in third-quarter catastrophe losses, combined with a drop in investment income, caused the insurer to report a net loss of $4.1 million for the quarter.