Standard & Poor’s Ratings Services said that in its opinion “global multiline insurers’ (GMIs) capital positions have recovered significantly since 2008.” In an article entitled “Capitalization Remains A Key Component Of Global Multiline Insurers’ Creditworthiness Amid Uncertain Market Conditions,” S&P …
Aon Benfield, the global reinsurance intermediary and capital advisor of Aon Corporation, has launched its new report: ‘Chile: One Year On’ ,which highlights how the earthquake tested the reinsurance market and outlines steps for insurers to prepare for future catastrophes. …
A report from Aon Risk Solutions, the global risk management business of Aon, concludes that Protection and Indemnity (P&I) Clubs are experiencing a “continued improvement in claims trends, and a restored investment performance.” As a result, “ship-owners face the prospect …
A soon to be issued report from A.M. Best details an increase in U.S. property/casualty insurers’ asbestos and environmental (A&E) incurred losses. The industry faced a 50 percent rise in 2009, following a 47 percent decrease in 2008. Best’s estimates …
“The outlook for the international marine protection & indemnity (P&I) industry is looking stable, with all clubs in 2010 reporting a post-tax surplus for the first time since 1998,” said a bulletin from Standard & Poor’s Ratings Services. It also …
A new white paper from international brokers Lockton – Exposed in Europe, Data Breaches and Their Impact in a Changing Legal and Regulatory Environment – warns European organizations that “prefer not to notify data breaches are living on borrowed time.” …
A deeply divided U.S. investigative panel issued a scathing critique of the culture of deregulation championed by Former Federal Reserve Chairman Alan Greenspan, saying the government had ample power to avert the financial crisis of 2007-2009 and chose not to …
“The technology landscape in developing countries is changing rapidly – sometimes outpacing industrialized markets,” according to a new study from Zurich Financial Services. “These changes are driving innovations and providing access to new markets in ways that were unimaginable just …
A new report from Zurich Financial Services notes that in contrast to the “bulk of risks faced by the corporate sector,” which are more or less “easily identified,” and can thus be dealt with, “there is a class of risks …
