All the headlines from our Property Casualty Topic Page, ordered by recency.
Sep 10 2012 // U.S. property/casualty insurers’ operating performance improved significantly in the first half of 2012, according to Fitch Ratings.The aggregate combined ratio of 47 publicly traded property/casualty (re)insurers...
Sep 10 2012 // U.S. property/casualty insurers reported significantly higher net income in the second quarter of 2012 relative to 2011, driven by lower catastrophe losses and increased growth in earned premiums, said Moody’s...
Sep 7 2012 // Louisiana-based Specialty Risk Associates Inc. has made two promotions within its Shreveport office.Kelly Babin assumed the position of controller. Babin, a Certified Public Accountant, joined Specialty Risk in 2010 as...
Sep 5 2012 // A.M. Best has published a review of the international reinsurance market, which analyzes the performance of the largest reinsurers (rated by gross premiums written). Although the figures – based on 2011 – do not...
Aug 29 2012 // Fitch Ratings anticipates losses related to Hurricane Isaac will be largely borne by primary insurers, but estimates remain uncertain as the storm has yet to make landfall.Isaac is expected to be less powerful than the...
Aug 24 2012 // U.S. property/casualty insurers’ operating performance improved significantly in the first half of 2012, according to Fitch Ratings.The aggregate combined ratio of 47 publicly traded property/casualty (re)insurers...
Aug 21 2012 // U.S. property/casualty insurers reported significantly higher net income in the second quarter of 2012 relative to second-quarter 2011, driven by lower catastrophe losses and increased growth in earned premiums, says...
Aug 14 2012 // Allianz said its Central and Eastern Europe (CEE) operations “produced solid underlying results for the first six months of 2012 in challenging economic circumstances.” The regional companies reported total...
Aug 9 2012 // Swiss Re reported a net profit of $83 million for the second quarter of 2012, indicating that the figure was “impacted by the sale at a loss of $1.0 billion of the Admin Re® US business.” Property &...
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...