All the headlines from our Property Casualty Topic Page, ordered by recency.
Aug 8 2012 // Selected earnings highlights from the XL Group’s headquarters in Dublin, Ireland for the second quarter and the first half of 2012 are as follows: Q2 2012 Q2 2011 *Gross premiums written ————...
Aug 7 2012 // Munich Re’s second quarter earnings report notes that it achieved a consolidated profit of €812 million [$1.007 billion], compared to the €738 million [$915.12 million] it reported in Q2 2011. The report...
Aug 6 2012 // Evaluate, evolve, sharpen focus, create value.That’s how a group of executives at one Midwest-based property/casualty insurance company summarized the organization’s ability to grow and thrive through a century...
Aug 6 2012 // About This Report: A slow economic recovery didn’t stop the nation’s leading independent insurance agencies from writing more property/casualty premium in 2011.The vast majority (81 percent) of the privately...
Aug 3 2012 // Philadelphia Insurance Companies, a Bala Cynwyd, Penn.-based property/casualty insurance company for niche markets, announced the hiring of two industry veterans.The insurer said it has appointed John Sherlock as senior...
Aug 2 2012 // The Hartford Financial Services Group Inc. reported a $101 million second-quarter net loss Wednesday, a consequence of paying off a huge debt to Allianz SE.Retiring the debt is part of the insurer’s continuing effort...
Jul 26 2012 // Illinois-based insurance brokerage, Assurance, has added Avi Lev to its growing property/casualty insurance team as a vice president. Lev brings over five years of experience in the insurance industry with a special focus...
Jul 25 2012 // Selected earnings highlights from Swiss based ACE Limited for the second quarter and the first half of 2012 are as follows: Q2 2012 Q2 2011 Gross premiums written ———— $5.653 bn $5.423 bn Net...
Jul 24 2012 // The Northern United Agents Alliance (NUAA), an independent agency partnership based in New Hampshire, has teamed up with a group benefits/financial consulting firm to launch a new property/casualty agency.NUAA said early...
Jul 24 2012 // Group health insurance brokerage is changing but the changes are not primarily due to Congress or the courts. Rather the changes are being driven by costs — the cost of healthcare coverage and the cost of serving...
Jul 23 2012 // Global insurance companies are struggling to get a grip on their flood exposure in Asia nearly a year after one of the world’s costliest disasters hit Thailand, with executives fearing an even worse event may strike...
Jul 23 2012 // Through the first quarter 2012, total direct premium written (DPW) for all property/casualty insurers is up 4 percent compared to first quarter 2011. This increase in DPW represents over $4.8 billion in premium growth, of...
Jul 23 2012 // Group health insurance brokerage is changing but the changes are not primarily due to Congress or the courts. Rather the changes are being driven by costs — the cost of health care coverage and the cost of serving...
Jul 23 2012 // There is never a slow time in insurance sales, at least in theory. Yet in practice, no producer is productive 100 percent of the time. Who is? But when the number drops below 75 percent, agents must use slow time to...
Jul 23 2012 // “The economic sky is not falling.”That’s the opinion, at least, of Robert P. Hartwig, Ph.D., president and economist at the Insurance Information Institute. Hartwig told attendees at an insurance...
Jul 19 2012 // Dallas-based insurance agency, CoVerica Inc., has acquired the property and casualty insurance assets of Unimark Insurance, also located in Dallas.Founded 41 years ago, Unimark is commercial property and casualty agency...
Jul 18 2012 // Catastrophe risk modeling firm AIR Worldwide announced that China Property & Casualty Reinsurance Company Ltd. (CPCR) has licensed its typhoon, earthquake, and multiple-peril crop insurance models for China to better...
Jul 16 2012 // The National Conference of Insurance Legislators has a tendency to be a very deliberative and, yes, dilatory, body. During the meeting of its Property and Casualty Insurance Committee last Friday in Burlington, Vermont...
Jul 12 2012 // Woodland Hills, Calif.-based Poms & Associates Insurance Brokers Inc. named Peter Scott Jr. vice president of employee benefits and property/casualty in the firm’s Northern California office. Scott was previously...
Jul 11 2012 // For many independent property/casualty agencies, one bright spot of opportunity in an era of otherwise lackluster growth has been the health and benefits market. Over the course of the past four or five years, savvy P/C...