After analyzing five key ratios for 30 top property and casualty insurers, Fitch Ratings says Chubb, Progressive and W.R. Berkley reported the strongest performance over the past decade.
Bond insurer Ambac says it will begin making payments on claims, likely beginning this week, after a judge in Wisconsin granted the company permission to do so.
Bond insurer Ambac says it will begin making payments on claims, likely beginning this week, after a judge in Wisconsin granted the company permission to do so.
Property and casualty insurers are in a better position to deal with declining interest rates than their life insurance counter-parts because yearly renewal rates can be adjusted to compensate for their decline in earnings, a recent report from Swiss Re says.
Property and casualty insurers are in a better position to deal with declining interest rates than their life insurance counter-parts because yearly renewal rates can be adjusted to compensate for their decline in earnings, a recent report from Swiss Re says.
After weathering a catastrophe-filled year in 2011 and contending with economic conditions in Europe, the insurance market is expected to remain challenging for Lloyds this year, according to reinsurance broker Guy Carpenter.
Insurers exposure to the 9/11 terrorist attacks has not gone away, as the owners of the World Trade Center continue to seek recoveries from that tragic event in federal court.
More than half of European companies feel doing international business has become riskier over the past five years, according to a research report from ACE Group.
More than half of European companies feel doing international business has become riskier over the past five years, according to a research report from ACE Group.
Reading the reminiscences of former Florida Insurance Commissioner Tom Gallaghers trials in the aftermath of Hurricane Andrew got me to thinking about what a hit the insurance industry took from that storm. Im not talking about the financial hit, but the reputational hit.