Latest Market Headlines
All the headlines from our Market Topic Page, ordered by recency.
Canada Market ‘Solid’ Says Best Report; But Beware ‘Soft Market Cycle’
Sep 19 2007 // A.M. Best has just released a study of the Canadian insurance market, which found that the country’s P/C insurers enjoyed “another solid year,” from profitable underwriting aided by investment income and...
Bush Signals Veto of Terrorism Reinsurance Program
Sep 18 2007 // The Bush Administration believes that the federal backup for terrorism reinsurance should be phased out in favor of a private market for terrorism insurance and “strongly opposes efforts to expand the federal...
S&P Forecasts ‘Healthy Growth’ for Latin America Reinsurance
Sep 13 2007 // Standard & Poor’s Rating Services has issued a new report in its current series analyzing global reinsurance. The study – “Reinsurance In Latin America, Especially Brazil, Shows Growth Potential...
Aon Re Global Releases Reinsurance Market Update
Sep 11 2007 // Aon Re Global announced from the Reinsurance Rendezvous in Monte Carlo that it has released its sixth annual Reinsurance Market Update. Among the highlights included in the publication, Aon cited the following: —...
Maine Governor Forecasts Increased Competition for Health Plans
Sep 11 2007 // The Baldacci administration is anticipating heightened competition in Maine’s health insurance market as Harvard Pilgrim Health Care becomes the state’s partner in administering Dirigo policies, saying...
Best Affirms Munich Re ‘A+’ Ratings; Outlook Raised to Stable
Sep 10 2007 // A.M. Best Co. has affirmed the financial strength rating (FSR) of “A+” (Superior) and the issuer credit rating (ICR) of “aa-” of Germany’s Munich Reinsurance Company and its rated...
Guy Carp Issues Annual Cat Report; Rates Down by 6%
Sep 6 2007 // Guy Carpenter & Company, LLC has published its annual, comprehensive study of the global property catastrophe reinsurance market – “The World Catastrophe Reinsurance Market: New Capital Stabilizes...
Industry Skeptical, While Treasury Opposes, Natural Disaster Pool
Sep 6 2007 // Federal legislation that encourages states to pool their catastrophe pool risks and then transfer them to the private market as been greeted with a lukewarm insurance industry reaction at best and outright opposition from...
La. Insurance Market Outlook Brighter Some Predict
Sep 5 2007 // Two years after hurricanes Katrina and Rita, the insurance market in Louisiana may have hit bottom and could be ready for a rebound as levees are strengthened and the state undertakes regulatory changes, the state’s...
Waging a war for industry talent
Sep 3 2007 // As an insurance industry professional, you know that we have a big job to do when it comes to recruiting talented individuals to this business. A career in insurance may not be an obvious choice for college students who...
Waging a war for industry talent
Sep 3 2007 // As an insurance industry professional, you know that we have a big job to do when it comes to recruiting talented individuals to this business. A career in insurance may not be an obvious choice for college students who...
Southern discomfort
Sep 3 2007 // A leading national independent agency leader urged Southern governors to use their “bully pulpits” to bring together the leaders in the insurance industry to ease the region’s coastal insurance...
Waging a war for industry talent
Sep 3 2007 // As an insurance industry professional, you know that we have a big job to do when it comes to recruiting talented individuals to this business. A career in insurance may not be an obvious choice for college students who...
Waging a war for industry talent
Sep 3 2007 // As an insurance industry professional, you know that we have a big job to do when it comes to recruiting talented individuals to this business. A career in insurance may not be an obvious choice for college students who...
Waging a war for industry talent
Sep 3 2007 // As an insurance industry professional, you know that we have a big job to do when it comes to recruiting talented individuals to this business. A career in insurance may not be an obvious choice for college students who...
People
Sep 3 2007 // Richard E. Meuret has been appointed vice president and manager, Field Operations Analysis, for Liberty Mutual Agency Markets regional company operations. Meuret will be based in the insurer’s Boston home office and...
Waging a war for industry talent
Sep 3 2007 // As an insurance industry professional, you know that we have a big job to do when it comes to recruiting talented individuals to this business. A career in insurance may not be an obvious choice for college students who...
Editor’s Note: Southern discomfort
Sep 3 2007 // Southern governors, hardly a group to create government programs where they aren’t needed, are frustrated over what to do. A leading national independent agency leader urged Southern governors to use their...
People
Sep 3 2007 // Jeffrey M. Mohr of Lewis Mohr Real Estate and Insurance Agency LLC in Baton Rouge, La., was named president of the Independent Insurance Agents and Brokers of Louisiana. Mohr previously served as president-elect and...
Waging a war for industry talent
Sep 3 2007 // Having more diversity in the industry serves employers and customers better. As cultures grow and evolve, so too should this industry. As an insurance industry professional, you know that we have a big job to do when it...
