All the headlines from our Market Topic Page, ordered by recency.
Jan 21 2002 // Warren Heck, chairman and CEO of the Greater New York Mutual Insurance Company will explain to the NAIC’s Reinsurance Task Force the more general economic problems that accompany the post-9/11 reinsurance market.Heck...
Jan 17 2002 // According to PR Newswire, the insurance industry is showing the first signs of distress following the Sept. 11 terrorist attacks, with major commercial property/casualty premiums uniformly on the upswing and confusion in...
Jan 16 2002 // According to A.M. Best Co., the unprecedented events of Sept. 11 have forever changed the way the insurance industry defines risk as both property and liability lines have been exposed to catastrophic risks that cannot be...
Jan 14 2002 // A recent survey by Reuters News Service indicates that the expected strong surge in reinsurance premiums for property catastrophe coverage may be a good deal less than originally anticipated.Although the market remains...
Jan 14 2002 // During the first weeks of December, covering the story of whether or not Congress would pass a federal terrorism reinsurance bill before the year 2001 was out was pretty much a waiting game. At the time, most insurance...
Jan 14 2002 // Like millions of Americans, I’ve had the privilege of having a fulfilling, lucrative career in the insurance industry—one which, like many other individuals, I landed into by chance.Yet it’s still very...
Jan 14 2002 // It would be impossible to estimate the total number of words, both spoken and written, that have been used to try to express the cultural maelstrom that has resulted from the terrorist attacks on America of Sept. 11.Yet...
Jan 14 2002 // During the first weeks of December, covering the story of whether or not Congress would pass a federal terrorism reinsurance bill before the end of 2001 was pretty much a waiting game.At the time, most insurance industry...
Jan 14 2002 // Like millions of Americans, I’ve had the privilege of having a fulfilling, lucrative career in the insurance industry—one which, like many other individuals, I landed into by chance.Yet it’s still very...
Jan 8 2002 // SCSI, a producer of real-time information systems for data access and management, and Vitria, a collaboration platform and collaborative applications provider, announced a partnership to serve the property and casualty...
Jan 4 2002 // While wealth management is fairly advanced in the U.S., the funding of pensions will increasingly move from public to private pension providers for the rest of the world. Becoming more proficient at managing enterprise...
Jan 3 2002 // The International Risk Management Institute (IRMI) has issued a statement supporting the contentions of the Pennsylvania Trial Lawyers Association(PaTLA) that the insurance industry’s own business practices are...
Jan 1 2002 // The U.S. property/casualty industry registered a $3.1 billion net loss following taxes through nine-months 2001– its first-ever net loss following taxes through nine months. Reflecting the net loss and unrealized...
Dec 27 2001 // A flurry of year end transactions is changing the face of the French insurance market. The MMA-MAAF Group has reportedly agreed to acquire the French units of Swiss based Winterthur Group. CGU Courtage, the commercial...
Dec 24 2001 // In what became one of the most significant, traumatic and challenging years in U.S. history, the insurance industry, along with the rest of the nation, has had to come to terms with the terrorist attacks perpetrated...
Dec 21 2001 // The push to enact federal terrorism insurance before the end of the year failed on Dec. 20 after promising Senate legislation was held hostage because some provisions ran contrary to the trial lawyer’s agenda,...
Dec 17 2001 // Recollections and Renewal: Looking Back at 2001 with an Eye to the FutureThis is the year that was. It is one that many people will be glad to see come to an end because the new year always brings hope—for a rebirth, for...
Dec 17 2001 // The date of Sept. 11 has been indelibly etched into the minds of virtually every American. And yet, despite the tragic events of that day and their repercussions, at least one ray of hope has shone through—that is, the...
Dec 10 2001 // The date of Sept. 11 has been indelibly etched into the minds of virtually every American. And yet, despite the tragic events of that day and their repercussions, at least one ray of hope has shone through—that is, the...
Dec 6 2001 // Representatives of the insurance industry testified Wednesday before the California Assembly Insurance Committee concerning insurance and reinsurance after the attack on America.They noted that the Sept. 11 attack was...