Latest Market Headlines
All the headlines from our Market Topic Page, ordered by recency.
Insurance Buyers’ Choice: Bigger Premium or Bigger Risk
Jan 23 2012 // Property/casualty insurers may be poised to raise their prices but buyers may not be in a position to pay more, advises a veteran of insurance cycles. “It’s not an issue of willingness. It’s an issue of...
5 Strategies for P/C Insurers for 2012
Jan 23 2012 // The economic uncertainty that plagues buyers of insurance does not bode well for the property/casualty insurance industry, experts are warning. Ernst & Young, the global tax and business advisory firm, said it expects...
Despite Heavy Catastrophe Losses, Top 25 P/C Insurers Report Premium Growth, Net Income Through Third-Quarter 2011
Jan 23 2012 // Amid the continued difficult economic conditions, a heightened frequency of catastrophic events in 2011 has resulted in nearly $40 billion of losses to insurers. The losses associated with these catastrophes have been...
The Importance of Education in Today’s Insurance Market
Jan 23 2012 // Insurance is the lifeblood of our capitalist society; without it commerce cannot function. A vibrant insurance industry requires skilled and trained knowledgeable workers who can understand the broad aspects of risk in a...
Winning the Talent War
Jan 23 2012 // The talent war is not new but today the insurance industry is under heavy pressure to come up with a more successful strategy. The insurance industry workforce is old. The average age of an insurance industry professional...
Columbus Insurance Market Opens Additional Location
Jan 20 2012 // The Columbus Insurance Market has opened a new agency location in Columbus, Ohio. This new location will serve the Columbus metropolitan area along with all adjacent suburbs, the agency said. The Columbus Insurance Market...
Fitch: Bermuda Insurance Market Resilient as Pricing Firms
Jan 20 2012 // Following near-record global catastrophe losses in 2011, Bermuda-domiciled reinsurers are positioned to benefit from an improved underwriting and somewhat better pricing environment this year, according to analysts at...
Veteran Gambled and Won in Starting Own Agency
Jan 20 2012 // A recent study from the Small Business Administration suggests there is a strong correlation between self-employment and past military experience. Veterans are at least 45 percent more likely to start their own businesses...
Financial Stability Tops List of Insurers’ Concerns: Geneva Association
Jan 19 2012 // A newly published study from insurance think tank the Geneva Association analyzes the principle concerns facing the industry in 2012. The current global financial instability tops the list. It’s closely followed by...
Mission Accomplished: Post-Military Job with a Purpose
Jan 19 2012 // One of the things Shane Crockett loved about being in the military was the sense of purpose he felt on the job every day, something he said was missing from his first post-military job as an engineer. So like the veteran...
E&S Insurance Execs Have Heads Shaved for Good Cause
Jan 18 2012 // Eight surplus lines insurance industry executives had their heads shaved bald this past Monday night in front of a cheering crowd in Las Vegas, Nev. It was not some bizarre industry hazing ritual or ancient form of...
Aon’s Warriors Bring Military Values to Managing Global Risks
Jan 18 2012 // When the phone rings in the Crisis Management Operation Center within Aon Corp.’s headquarters in Chicago, it’s typically not someone calling with good news or to say, “Have a nice day.” Chances are...
IUA to Compile New Statistical Analysis of the London Insurance Market
Jan 17 2012 // The International Underwriting Association announced a number of new initiatives to enhance and expand its statistics for the London company market in 2012. In 2011 it published a “groundbreaking analysis that...
Swiss Re Report Examines Insurance Role in Earthquake Disasters
Jan 17 2012 // Swiss Re’s new report – “Lessons from recent major earthquakes,” focuses on the most recent series of devastating quakes, which have caused extensive loss of life and injuries, along with widespread...
P/C Insurance Industry Enlisting Veterans in Talent War
Jan 17 2012 // The property/casualty insurance industry is calling on the military for help in the talent war. Through special units, concerted outreach, mentoring programs, job fairs and partnerships with veterans organizations,...
P/C CEOs Say Low Interest Rates Push Need for Stringent Underwriting
Jan 17 2012 // The low interest-rate environment and poor investment income are pushing the need for more stringent underwriting for carriers, according to a panel of experts at a recent industry forum. Property/casualty insurers get...
2012 Off to Bad Weather Start for P/C Insurers
Jan 13 2012 // A tree lays in a yard after a possible tornado roared through Icard, N.C,. on Wednesday, Jan. 11, 2012.Damaging hailstorms in Australia. Unprecedented tornadoes in the southeastern United States. Constant windstorms in...
Jones Announces Insurance Diversity Task Force for California
Jan 12 2012 // Insurance Commissioner Dave Jones on Thursday announced the formation of an Insurance Diversity Task Force to make recommendations about diversity in the insurance industry, including the diversity of corporate governing...
5 Strategies for P/C Insurers for 2012
Jan 10 2012 // The economic uncertainty that plagues buyers of insurance does not bode well for the property/casualty insurance industry, experts are warning. Ernst & Young, the global tax and business advisory firm, said it expects...
A Sales Instructor Who Doesn’t Close? It’s True.
Jan 9 2012 // Academy of Insurance Instructor, Whitley, Reveals What He Learned From Top Producers Bill Whitley has never worked in the insurance industry, yet he effectively teaches producers how to flourish in their business....
