Commercial Lines

The latest New Zealand earthquake is “absolutely not” the type of event to harden the reinsurance market, said the global head of business intelligence for Guy Carpenter.

More reserve charges could be ahead for American International Group Inc. (AIG), according to analysts.

Wholesale insurance brokerages continue to make acquisitions in 2011, with Ryan Specialty Group announcing two earlier this month and AmWINS announcing three.

Hosni Mubarak’s resignation as president of Egypt and the subsequent military takeover have brought a measure of stability to the nation, but uncertainty about the future and potential flashpoints throughout the region have insurers casting a wary eye on political risk coverage.

Thirty years ago, insurers couldn't run fast enough from environmental risks. Today, more than 40 carriers are vying for pollution business. At a time when high-profile exposures like last year's BP oil spill are making headlines and underlining the need for coverage, learn how to get an edge in this...

There are only a few times in history when we have been witness to a true revolution, a moment when the old order is upturned and a new path is tread. That is what happened in Egypt.

Jan. 2011 figures now tallied, MarketScouts monthly barometer has been stuck at minus-5 percent for three straight months.

U.S.-based multinational companies will likely benefit from an ongoing soft insurance market, as competition for a range of coverages for these companies is expected to continue through 2011, Marsh said in a recent report.