Major industry players gathered here from around the world to talk deals in the midst of a dynamic reinsurance market whose outlook is generally stable--although that could change in a hurry with the
"On the claims processing, we're at 44 percent," he told National Underwriter in an interview here. "We're ahead now, so we're on schedule. But I want to make sure we don't miss it, so I'm encouraging
"We see a softening cycle, for 2008," Richard Ward told National Underwriter here. "For us the important thing is that we maintain underwriting discipline--write the right business at the right price a
"With the profitable years the industry has had, it's a great opportunity to invest in technology and training and best practices that would sustain earnings over the long term," said David M. Siesko,
Peter Grant, director, with Standard & Poor's in London, said that with a combined ratio of 90 percent and persistent discussion of downward pressure on pricing, often in the range of 5 to 10 percent,
Peter Grant, director, with Standard & Poor's in London, said that with a combined ratio of 90 percent and persistent discussion of downward pressure on pricing, often in the range of 5 to 10 percent,
Members of the Risk and Insurance Management Society are still very interested in hearing from brokers on the topic that won't go away--any additional fees accepted from insurers, according to Janice
Net premiums written by U.S. property-casualty reinsurers were relatively unchanged in the first half of the year, but the profitability of the industry's book of business improved, the latest survey
o Matthew Mosher, group vice president for A.M. Best, said the issue going into Monte Carlo this year will be "the cycle itself--and the pressures [reinsurers] will have balancing market-share issues
There's no such thing as a typical day for risk managers, but the new RIMS president says a goal of the organization during her upcoming term will be to issue quality guidelines describing typical