This is the most remarkable statistic of all. The combined ratio we estimate to be about 94 for the year. That would be the best result since 1955. News Currents The numbers, or estimates, for the property casualty insurance industry …
Biggest U.S. property cat losses in 2006 were away from coasts Property casualty insurers increasingly steered clear of the water out of fear of catastrophe losses during the past year. But while they were keeping a wary eye on the …
News Currents Property casualty insurance industry earnings may have peaked in 2006 but that doesn’t mean 2007 will see a reversion to reckless price cutting and relaxed underwriting, according to experts observing the industry. Instead, insurers should be able to …
Looking to rub elbows with industry leaders? Maurice “Hank” Greenberg will be in Atlanta and Lord Peter Levene of Lloyd’s will be in Singapore. Feel like networking among the stars? Fox News commentator Bill O¹Reilly and veteran journalist Morton Kondracke …
Property/casualty insurers should be able to build on the momentum of 2006 to deliver another profitable year in 2007 if they maintain discipline on price, a group of industry observers told insurance executives attending the 11th annual Property/Casualty Joint Industry …
Reinsurance rates for the property casualty industry are falling or flat, except for insurers with major property wind exposure along the Gulf and East Coasts in the U.S., whose rates are still rising. That is one key finding from an …
P/C industry posts $24.4 billion net gain on underwriting in first three quarters of 2006 Driven by a sharp decline in catastrophe losses from hurricanes and other natural disasters in 2006, the U.S. property/casualty industry posted a $24.4 billion net …
Travelers claims buildings were in flood zone 8 Lloyd’s and former R.I. governor at odds Sundlun denies he owes funds to London broker 8 Conn. to get new insurance commissioner Cogswell to stay in department but step down as chief …
Ruling against La. Citizens could affect more insurers 10 Survey says party hosts are underinsured Trusted Choice reports 28.5 million need more coverage 12 Miss. AG’s Katrina lawsuit moved Judge rules state court more appropriate 12 Ark. launches insurance plan …
Tort system helping to reduce costs 8 Gov.-elects appoint insurance department heads Colorado picks Mayor Morrison, Idaho picks Rep. Deal 8 Calif. workers’ comp reforms working Yet outgoing commissioner says still room for improvement 9 Reinsurance rates falling or flat, …
