A risk management trade group has reacted with pleasure to a declaration by Marsh insurance brokerage that it will not accept controversial contingent commissions in its U.S. core insurance broking segment.
Swiss Re said it has arranged for an additional $120 million in catastrophe bond protection using windstorm loss estimates from the new PERILS European data aggregator.
A risk management trade group has reacted with pleasure to a declaration by Marsh insurance brokerage that it will not accept controversial contingent commissions in its U.S. core insurance broking segment.
Lloyd's of London announced that its 2009 pre-tax profits more than doubled, to ?3.86 billion ($6.2 billion) compared to ?1.89 billion in 2008 ($2.82 billion at today's rate).
Lloyd's of London announced that its 2009 pre-tax profits more than doubled, to ?3.86 billion ($6.2 billion) compared to ?1.89 billion in 2008 ($2.82 billion at today's rate).
The World Trade Center Captive insurer said it was disappointed in a federal judge's order that it pay more to those clean up workers and uniformed services personnel sickened and injured at the World Trade Center, site after the Sept. 11, 2001 attacks.
While multinational insurers struggle to establish global uniformity in regulation, disparities in systems of taxation around the world remains an unproductive factor in determining where carriers do business, industry leaders say.
First there were the snowstorms this winter—dumping up to three feet of snow on areas that weren’t prepared for such amounts. Meanwhile, Florida had a long ...
First there were the snowstorms this winter—dumping up to three feet of snow on areas that weren’t prepared for such amounts. Meanwhile, Florida had a long ...