All Insurance News articles – Page 4
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P&C rates could fall 10% in 2010
Competition for good risks remains strong with plentiful capacity in property and casualty sectors, says Marsh
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AIRMIC Portfolio
Consulting on captives
Although the European Commission accepted that the future regulation of captive insurance companies should be proportionate to their type of business, the definition of a captive in Solvency II is narrow and likely to affect non-EU domiciled captive insurers significantly, Airmic believes. Airmic’s captive special interest group is preparing a ...
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Willis appoints new COO of captives
Pauline Margrett is promoted to chief operating officer of the brokers Global Captive Practice
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PRIMA calls for mandatory disclosure of broker commission
The US based public sector risk association said it would continue to fight for mandatory full disclosure
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Allstate settles class action suit
Personal lines giant settles for an undisclosed sum after nearly ten years
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US ruling raises spectre of contingent commissions
European risk managers express concern about a ruling that allows Illinois brokers to resume contingent commissions
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FRSGlobal compares global regulatory response to crisis
New report can be used as a guide to the new regulatory terrain for international firms
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Financial stability is insurers’ most valuable quality
After financial stability, value for money and then flexibility and innovation are insurers most valuable qualities, a survey found
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Analysis
Managing credit risk in a recession
Mark Woolhouse outlines a five point plan to help businesses manage credit risk in an uncertain business environment
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Atlantic storms stronger and more active
Long periods of warm Atlantic Ocean conditions produce greater hurricane activity, says research
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Storms inflict havoc on Central and Eastern Europe
Severe winds left a trail of destruction through Poland, Austria, Switzerland, Czech Republic, Slovakia and Germany
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Recession keeps premiums soft
Excluding financial services firms D&O policies renewed with an average 4.1% decrease, new figures show
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Rignault moves to head AXA France
Philippe Rocard will take over as chief executive of AXA Corporate Solutions
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US P&C industry loses $1.3bn in Q1
Worst result since records began but insurers remain well capitalised to pay claims, claims the ISO
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Premiums decline 2% worldwide
The big insurance markets collected $4.3 trillion last year
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Failure to understand models is big risk
Models need to be integrated with other types of risk analysis, said a consultant