All the headlines from our Market Topic Page, ordered by recency.
Apr 10 2008 // Standard & Poor’s Ratings Services’ latest review of the U.K. insurance market – “Insurance Industry Risk Analysis: U.K. Economic Risk Increases But Unlikely To Put Pressure On Non-Life...
Apr 9 2008 // The 10th edition of the European Insurance Forum wrapped up proceedings on Tuesday night. The two-day conference, held at Dublin’s Four Seasons Hotel and sponsored by the Dublin Insurance & Management...
Apr 9 2008 // The U.S. commercial lines property/casualty insurance “soft” pricing cycle will likely mean outlooks on some commercial lines insurers will be revised to negative in the second half of 2008, according to...
Apr 7 2008 // XL Re, the global reinsurance operations of XL Capital Ltd. said it plans to serve the Brazilian reinsurance market as both a local and admitted reinsurer, subject to regulatory approval.XL Re’s entry is a response...
Apr 7 2008 // Commercial lines insurance premiums experienced the largest quarterly drop since 2005 during the first quarter of 2008, according to an industry survey of risk managers.Undeterred by mounting claims from the meltdown of...
Apr 7 2008 // Agents across New England and the Mid-Atlantic states are worried about how they and their customers will fare as the region’s economy continues to slow.“An agent’s business is a direct reflection of his...
Apr 7 2008 // It starts with the housing market. Then it seeps into construction, typically residential followed by commercial. Then it travels to manufacturing, then retail, then hospitality. It differs by region. It might be worse in...
Apr 7 2008 // When it comes to dealing with a recession, independent agents in Michigan carry the dubious distinction of having more experience than their counterparts in other Midwest states.Michigan has been knee deep in a recession...
Apr 7 2008 // It starts with the housing market. Then it seeps into construction, typically residential followed by commercial. Then it travels to manufacturing, then retail, then hospitality. It differs by region. It might be worse in...
Apr 7 2008 // Southeast insurance agents do not all agree the economy is in a recession or on the causes of the slumping economy, but they do agree the dominoes are in place that could trigger a serious economic chain reaction.Roger...
Apr 7 2008 // Greenhouse gases (GHGs) have gotten a bad rap, according to Mark C. Bove, senior research meteorologist, catastrophic risk management for Munich Reinsurance America. Speaking on a panel about climate change at the...
Apr 7 2008 // It starts with the housing market. Then it seeps into construction, typically residential followed by commercial. Then it travels to manufacturing, then retail, then hospitality. It differs by region. It might be worse in...
Apr 7 2008 // The following interview with Robert Hartwig, president of the Insurance Information Institute, took place with Insurance Journal‘s Andy Simpson in mid-February.How would a recession affect Main Street...
Apr 7 2008 // Insurance industry groups lined up quickly with responses to the Bush administration’s proposed overhaul of the way the government regulates the nation’s financial services industries, including insurance.The...
Apr 7 2008 // Main Street independent insurance agents could take a bigger hit than their larger counterparts as an economic recession lands on top of the soft market.The soft market coinciding with a bad economy is a real challenge for...
Apr 3 2008 // In its response to Sir Michael Pitt’s review of flood risk in the UK, Risk Management Solutions stressed the “urgent need for an accurate database of information on flood defenses.” The catastrophe risk...
Apr 3 2008 // A state Web site intended to educate consumers about Massachusetts’ newly deregulated auto insurance market instead gives them inaccurate rate comparisons, Attorney General Martha Coakley said Tuesday on the day the...
Apr 3 2008 // The Association of Professional Insurance Women has named Rebecca C. Amoroso as its Insurance Woman of the Year.Amoroso is vice chairman and U.S. Insurance Industry Group Leader at Deloitte, where she has worked for 22...
Apr 1 2008 // Colorado Democrats plan to introduce a package of bills to require health insurance firms to get prior approval for rate hikes, punish them for improper denial of claims and encourage efficiencies. The reform package could...
Apr 1 2008 // With the United States bracing for big hurricanes this year, new derivatives to trade catastrophe risks offer insurers the extra protection they crave against multi-billion-dollar storms.Trading of “catastrophe...