Skies are basically bright in the relatively stable world of reinsurance as major players gather to strike deals in Monte Carlo during the industry's annual rendezvous. But carriers are still
Converium, the multiline reinsurer, announced it has changed its name and elected a new board of directors to replace its prior board members, all of whom stepped down effective as of an extraordinary
A group of 22 U.S. propertycasualty reinsurers wrote $12.2 billion of net premiums during the first six months of 2007, down $7.5 million compared with the same period in 2006, according to a new repo
The International Center for Captive Insurance Education (ICCIE) said it has added a core course, an introduction to alternative risk transfer, which awards five professional ...
Regulatory reforms of workers' compensation systems in several large states have driven down losses for insurers and cut premiums for risk managers, while improved loss control and safety initiatives
Risk managers should not be lulled into a false sense of security because workers' comp frequency is falling and insurers keep cutting premiums, according to one major carrier who urged buyers to
Overall, the comp news is good for risk managers, but they should be cautious because the market is cyclical and conditions will not last forever, was the advice from a panel of industry experts addre
"I'll be taking a very close look at this in the coming weeks," promised Alex Sink, who oversees the Department of Financial Services, speaking at the annual Workers' Compensation Educational Conferen
BURLINGTON, VT.--Vermont's captive regulator said he is reluctant to advise risk retention groups domiciled in his state to comply with Massachusetts' requirement that they supply management Social Sec
A Southern shopping tradition since 1888, department store chain Belk Inc. initiated a companywide risk management program that not only created a safer work environment and lowered workers'