According to Linda Johnson, executive vice president for casualty in the Minneapolis office of Benfield Group, casualty reinsurance conditions "are sitting at a comfortable equilibrium right now.
While 89 percent said TRIA would be extended, almost as many--87 percent--said a national catastrophe insurance plan is unlikely, and about two-thirds said they don't expect Congressional momentum to
"There is still capacity for national business as well as all the regions," said Charles Hewitt, executive vice president in the Boston office of London-based Benfield Group. The tightest areas are th
While 89 percent said TRIA would be extended, almost as many--87 percent--said a national catastrophe insurance plan is unlikely, and about two-thirds said they don't expect Congressional momentum to bu
NEW YORK--Reacting to a report yesterday that State Farm is nearing a major Mississippi agreement over hurricane claims, Mississippi Insurance Commissioner George Dale said the justice system forces in
It's not the reality in the United States, but ACE Limited Chief Executive Evan Greenberg envisions the possibility and already has established a small presence on some non-U.S. television selling out
ACE Chief Executive Officer Evan Greenberg told an investors conference today that federal rules barring the accumulation of catastrophe reserves need fixing, but tax statutes relating to Bermuda co