During a conference call this morning, Craig Eisenacher, Everest chief financial officer, attributed much of the 2006 full-year income result and record low full-year combined ratio of 89.7 to a relat

The report, "U.S. Reinsurance Renewals at January 1, 2007," published by New York-based Guy Carpenter, notes that while soft market conditions prevail in the primary market, the reinsurance market has

Florida property insurance legislation signed into law yesterday will drive more than $1 billion in premiums from the property-catastrophe reinsurance market--along with a quarter of reinsurers' profit

New York-based AIG said last night it has submitted a letter to the board of directors of the Woodland Hills, Calif.-based personal lines insurer, proposing to acquire 38.1 percent of shares publicly

Michael Stone, president and chief operating officer of RLI Insurance Company made his comments during a fourth-quarter earnings conference call that announced a 26 percent jump in net income for 200

"What was most notable about this event was its unusually large foot print," he continued. "The path of damaging winds extends north to south from Scotland to Switzerland and east to west from France

The New York-based rating agency introduced a new economic capital model known as Matrix, which it will now use in its ratings of financial guaranty insurers, and found that the core capital adequacy

Even for CROs with analytical backgrounds, such as the actuaries profiled in this edition, the challenges of getting a handle on operational risk--and quantifying it--are among the biggest they face in