More organizations are going global and depending on outsourcing and international supply chains to get projects completed on schedule and within budget...
Solid enterprise risk management was behind one firm's recovery from the financial downturn, while another long-established outfit is just allowing the concept to percolate within its operation.
The long-term impact of the BP oil spill could be positive for the London Market as offshore oil operations in particular face tighter regulations and potential coverage vulnerabilities are more readily apparent.
Even after a number of significant disasters so far in 2010, including the Chilean earthquake and the BP Deepwater Horizon oil spill, rate hikes are more the exception than the rule in the soft global reinsurance market.
Key challenges facing global reinsurers are unlikely to impede the stability of earnings or the current strong levels of capitalization for the majority of
British Petroleum (BP) said it made claim payments of nearly $400 million during the 16 weeks it managed claims related to the oil spill in the Gulf of Mexico.
U.S. property and casualty reinsurers saw 2010 first-half net premiums written drop 4 percent compared to last year while their combined ratio increased to 98.7 from 93.8.
Insurers still marketing with telephone calls, conferences, e-mail and live meetings may be missing an opportunity for growth if they ignore social media, according to an industry expert.
U.S. property and casualty reinsurers saw 2010 first-half net premiums written drop 4 percent compared to last year while their combined ratio increased to 98.7 from 93.8.