Morgan Stanley property-casualty analyst William Wilt wrote that the release of the "widely telegraphed" U.S. wind model by Risk Management Solutions will increase loss estimates of personal insurers
"Core operating performance exceeded our expectations and was materially better than last year," said Greg Case, chief executive officer of the Chicago-based brokerage since April 2005. "Each of our
Developer Larry Silverstein has set a Monday deadline for 16 insurers to say how they will respond to new building arrangements reached last month among private and public players in rebuilding the Wo
The planned amendments to the Model Audit Rule would set new reporting requirements on internal controls, as well as new rules on the number of independent directors a mutual company must have on its
The planned amendments to the Model Audit Rule would set new reporting requirements on internal controls, as well as new rules on the number of independent directors a mutual company must have on its
Auto insurance inflation showed a slight rise in April, portending collapsing margins in personal lines, a leading analyst said today.Consumer Price Index auto inflation data ...
Ceres, a national coalition of investors and environmental groups, praised American International Group for becoming the first U.S.-based insurance company to adopt a policy to manage risks and captur
Bear Stearns analyst David Small said the results exceeded expectations. Personal auto premium per policy in both the agent and direct channels was higher than forecasted, and the overall accident-yea
In the property and catastrophe field, reinsurers appear to be taking on materially less risk, since primary insurers are also taking on less risk, and are being forced to increase their reinsurance a
In the property and catastrophe field, reinsurers appear to be taking on materially less risk, since primary insurers are also taking on less risk, and are being forced to increase their reinsurance a