Loss Control

The debate about bad faith can get heated, but one thing is clear: New conceptions are coming to the fore.

The world has become statistically less stable with civil unrest downgraded in 37 countries, including France, Germany, Italy, Portugal and Spain, in light of European austerity measures and spending cuts.

The conflict between European Union directives and individual local laws is proving to be a challenge for Europeans and it is affecting liability insurers and reinsurers throughout the continent, a report from Guy Carpenter says.

The Bermuda Stock Exchange aims to attract more listings of catastrophe bonds and other insurance-linked securities, taking market share away from its biggest rival, the Cayman Islands bourse, its Chief Executive said on Monday.

When people think of the work done at insurance companies, they probably picture actuaries and underwriters sitting at desks and crunching numbers. But at some insurers, research labs, staffed by highly trained scientists and engineers, play a vital if rarely seen role in discovering ways to reduce losses caused by...

Setting fires in the workplace is frowned upon by most employers, but at Chubb Insurance its an activity thats not only actively encouragedits actually an essential part of the companys profit picture.