Bermuda-based reinsurer Renaissance Re Holdings Ltd. reported 2008 third-quarter income dropped 253 percent because of turmoil in the financial markets and the impact of hurricane losses in the United
Speaking at a meeting of the Association of Professional Insurance Women (APIW), New York Insurance Superintendent Eric Dinallo said rating agencies have some basic issues and conflicts that they have
If the soft market continues, it will have an impact on merger and acquisition activity among insurers, but ultimately, deals are made based on the specific needs of individual buyers and sellers,
Calling the quarter "a challenging period for our industry," Montpelier Re President and Chief Executive Officer Chris Harris cited major storms and investment market volatility as contributing to the
The revised loss estimate is based on "a new post-event modeling methodology that captures the uncertainty in Ike's wind and storm surge footprint, due to the lack of observations, using an ensemble o
The revised loss estimate is based on "a new post-event modeling methodology that captures the uncertainty in Ike's wind and storm surge footprint, due to the lack of observations, using an ensemble o
During part four of RIMS' "Risk Management Strategies in an Unsettled Financial Market" webinar series, Keith Walsh, equity research analyst at Citigroup, made the case that signs are pointing to a pr
The increasing cost of insuring health care remains the primary concern of employee benefits agents and their clients, but despite the attention the issue has received from both presidential
With this month's stock market meltdown spooking already nervous investors, a handful of major insurance companies last week came out with early third-quarter earnings estimates and comments about