Forecasters from the NOAA National Hurricane Center will join the air crew from the NOAA Aircraft Operations Center on hurricane hunter aircraft visits March 3, 4 and 5 to Mobile, Ala., West Palm Beach, Fla. and Tampa, Fla. The tour …
“The Reality of Flood Insurance,” a three-hour continuing education course, will be presented by Shawn Tinsley during a three-hour continuing education curse sponsored on May 17 by the Independent Insurance Agents of Dade County held in Miami at the Sheraton …
The Florida Office of Insurance Regulation has scheduled rate hearings in May for three carriers, Hartford Insurance Co. of the Midwest, Florida Peninsula Insurance Company, and United Property and Casualty. Hartford Insurance has requested 21 percent homeowners policy rate hikes …
AXIS Capital Holdings Limited announced that it expects to release financial results for the first quarter ended March 31, 2006, on Thursday, May 4, 2006, after the close of the financial markets. CEO and President John Charman will host an …
Germany’s Allianz Group has released some preliminary indications of its first quarter 2006 results, which indicate that overall revenues will grow by 4.9 percent to around €30 billion ($38 billion). Allianz will publish its full quarterly report on May 12. …
Standard & Poor’s Ratings Services announced several rating actions concerning French reinsurer SCOR. S&P said it has assigned an indicative “A-” long-term insurer financial strength rating to proposed Paris-based non-life reinsurer SCOR Global P&C S.A. At the same time, S&P …
Standard & Poor’s Ratings Services announced that its “B” insurer financial strength rating on Simply Insurance New Zealand Ltd. remains on CreditWatch with positive implications, where it was placed on Jan. 31, 2006, when global financial institution GE Finance and …
Guy Carpenter & Company, Inc., the global risk and reinsurance specialist of the Marsh & McLennan Companies, announced that it is formally launching its Electronic Claims File (ECF) initiative for reinsurers in the London market “after development, testing and implementation …
A survey conducted by Accenture, the global management consulting, technology services and outsourcing company, has concluded that the majority of European insurers believe that “Solvency II will improve their companies’ risk and capital management functions, and half have already enacted …
Bermuda-based RenaissanceRe Holdings Ltd. reported a record $195.7 million in first quarter operating income, which excludes investment gains/losses, available to common shareholders compared to $54.5 million in the first quarter of 2005. Operating income per common share was $2.73 in …
