All the headlines from our Market Topic Page, ordered by recency.
Oct 21 2013 // We made it! We survived the economic instability of the past few years and have more than rebounded. The insurance industry is well ahead of the greater economy; and the picture painted by our labor market is much...
Oct 18 2013 // “Our remit at Aon Benfield Analytics is really to do the risk quantification part of reinsurance transactions,” said John Moore, the head of International Analytics operations. He’s responsible for...
Oct 17 2013 // It’s hard to conceive of taking a step farther away from the topic of insurance than having a big, hairy blue monster drive home your point.But that’s just what the Cookie Monster did when he walked into the...
Oct 17 2013 // Spain’s MAPFRE announced that it has acquired a 20 percent stake in the Indonesian insurance company Asuransi Bina Dana Arta (ABDA), and “has established a partnership in which MAPFRE becomes the industrial...
Oct 16 2013 // A newly issued report from A.M. Best cites International Monetary Fund (IMF) statistics, showing that “Latin American countries had an estimated population of 581 million in 2012 and a combined gross domestic...
Oct 11 2013 // Research shows that prior to starting school, children from high-income families benefit from 400 hours more literacy-related activities than children from low-income families. Furthermore, by age four, a high-income child...
Oct 7 2013 // The insurance industry is facing a crisis. Twenty percent of the insurance workforce is near retirement age, compared to only 15 percent of the broader financial services workforce. By 2018, the number of the insurance...
Oct 7 2013 // As the sun peeked out of the normally bright blue Colorado sky, homeowners and businesses began to assess the damage done by the 100-year flood, as weather experts have labeled the devastating rain that pummeled the...
Oct 6 2013 // Lloyd’s CEO Richard Ward is stepping down from the post at the end of the year. Despite the catastrophes of 2005 and 2011, the two costliest years in the industry’s history, as well as the financial crisis, he...
Oct 4 2013 // After the risk managers expressed their views on how re/insurance carriers were handling such matters as innovation, new policies and claims handling at the Federation of European Risk Management Associations’...
Oct 4 2013 // The insurance industry may have given the world a new word – “trialogue,” meaning a three way conversation. Oddly enough the first person to use it at the Federation of European Risk Management...
Oct 3 2013 // Private U.S. property/casualty insurers’ net income after taxes rose to $24.5 billion in first-half 2013 from $17.2 billion in first-half of last year.Insurers’ overall profitability as measured by their...
Oct 1 2013 // Many people in the insurance industry want to help in their communities by serving as volunteers in their communities. But many simply don’t know how to find the right place to volunteer.Problem solved. IICF (the...
Sep 30 2013 // If Congress fails to agree by midnight tonight on a resolution to continue funding the federal government, the property/casualty insurance industry should not be seriously affected by the resulting shutdown.The insurance...
Sep 29 2013 // Jeff Kingsley, a partner in the law firm of Goldberg Segalla, specializes in the emerging and highly complex field of cyber liability and security, which requires explaining the difficult process of applying the long held...
Sep 29 2013 // James J. Wrynn, Esq. served as New York’s Superintendent of Insurance from 2009 to 2012, when he joined the law firm of Goldberg Segalla LLP, which specializes in insurance law. His knowledge and experience are both...
Sep 27 2013 // Stephen J.O. Catlin has led the company/group that bears his name since 1984. He’s seen it grow into the biggest syndicate at Lloyd’s with gross premiums written of $5.5 billion. He was the first to move the...
Sep 27 2013 // Lloyd’s first six months results, released yesterday, were generally good. Profits were down slightly at £1.38 billion [[$2.222 billion] from £1.53 billion [$2.463 billion] for the first half of 2012, while gross...
Sep 26 2013 // U.S. property and casualty (P/C) insurers continue to release reserves to support earnings, said Moody’s Investors Service in two recent reports.U.S. P/C insurers released $9.0 billion of reserves during the first...
Sep 26 2013 // Xchanging, the business process, procurement and technology services provider, has launched a free wifi service for the London Underwriting Center (LUC), home to many insurance businesses. The service will support the...