Reinsurance

Many property and casualty CFOs agree with what large brokers, analysts and industry observers have been saying: alternative capital is holding down reinsurance rates, contributing to a market that is softer than the primary market.

Shares in Swiss Re pared gains after the Zurich-based reinsurer denied that Fiat's founding Agnelli family is poised to buy a stake in the company.

Hannover Re expects to face claims totaling around $42.6 million from the apparent loss of a Malaysia Airlines' jet over the weekend, the reinsurer's chief executive said on Tuesday.

Property and casualty insurers and agents and brokers again enjoyed a strong month of employment gains in January, adding 1,300 and 1,400 jobs respectively, according to an Insurance Information Institute analysis of the latest U.S. Labor Departments Bureau of Labor Statistics figures.

Warren Buffetts Berkshire Hathaway Inc. said fourth-quarter profit rose 9.6% on gains at insurance units.

IT is not just about efficiency. Enhanced data provision supports the business and can make a real difference in securing a competitive advantage.