Reinsurance

S&P believes reinsurers can withstand losses well outside the range of current estimates, but says some market participants believe loss amounts could be 30-50 percent higher than estimated due to the hurricane-deductible debate in some states.

Agent and broker employment in September experienced an expected decline, but the size of the drop was unusual, according to Insurance Information Institute President Robert Hartwig.

Last Tuesdays election will generate substantive changes in who makes the decisions affecting the insurance industry in Washington. Here is a look at the key people certain to be impacted by the change.

Despite the high winds recorded from Superstorm Sandy, actual wind damage from the storm was surprisingly minor, a report from reinsurance broker Willis Re says.

Swiss Re reports a 2012 third-quarter net income of $2.2 billion, up from $1.3 billion in 2011s third quarter, due in part to strong results in the companys property and casualty reinsurance segment.

Munich Re raised its full-year net profit target after surging investment income and moderate damage claims helped it beat even the most optimistic estimates for third- quarter profit.