"Outside of these key distress areas, however, as with Jan. 1 renewals, market capacity remains adequate with muted price movements and strong balance sheets enabling primary companies to retain more

David Small with Bear Stearns wrote that lower written premium numbers suggest the company is having a difficult time identifying areas for growth as it repositions its book from riskier lines of busi

Barrett Hubbard, managing director, Mint Canadian Specialty Underwriters, said current Canadian insurance products do not provide protection against the potential for loss resulting from quarantine or

"This was by far the best combined ratio and most profitable quarter in Chubb's history," said Chubb Chairman John Finnegan. "All three of our insurance businesses made substantial contributions to th

State regulators considering new internal accounting controls for mutual insurers have failed to heed the advice of two key congressmen, according to the National Association of Mutual Insurance Compa

Investment income spike helps offset record catastrophe

Lloyd's reported a 2005 pretax loss of $181 million--a big difference from the profit of $1.5 billion for the previous year, but not too bad considering last year's record storm season, according to

Mr. Small said he saw the share repurchase as an indication "both management and the board are working to address the company's significant excess capital position as it heads into a self-described lo