Latest Market Headlines
All the headlines from our Market Topic Page, ordered by recency.
Swiss Re Reports Italian Insurance Market at ‘Crossroads’ of Change
Aug 27 2012 // According to Swiss Re’s latest study – The Italian insurance market: opportunities in the land of the Renaissance – “Italy stands at the crossroads of economic and social change, and therefore offers...
Del. Regulator Says State’s Captive Insurance Industry Growing Rapidly
Aug 24 2012 // Delaware’s insurance commissioner, Karen Weldin Stewart, said this week the state’s captive insurance industry is growing at a fast pace. She also said the insurance department has recently given $250,000 from...
Inc. Magazine Ranks Astonish 267th on its Annual List of America’s Fastest Growing Private Companies
Aug 23 2012 // Warwick, RI, 08/23/12 – Astonish ranked no. 267 on the 2012 Inc. 500|5000 with a three-year sales growth of 1,350%. With the leading insurance digital marketing system in the nation, Astonish has earned this designation...
Hard Market Generates New E&O Challenges for Insurance Agents
Aug 22 2012 // The soft market has made the job of insurance agents very difficult the last few years. Competition has been extremely fierce, and premiums so low that agents have had to fight for business and write more accounts just to...
20 Years Later: Insurance Changes Triggered by Hurricane Andrew
Aug 21 2012 // Hurricane Andrew struck Florida on August 24, 1992, and the tumult it created for the property insurance market in the state has not ceased in the 20 years since, according to the insurance industry. An Insurance...
The End of the Road for Auto Insurance
Aug 20 2012 // Editor’s Note: This article originally appeared in Insurance Journal’s Satire Issue, August 20, 2012. The content in this issue is not real and is not to be taken seriously. It’s supposed to be humorous....
Plaintiff Attorneys: The Hard-Market Saviors
Aug 20 2012 // Editor’s Note: This article originally appeared in Insurance Journal’s Satire Issue, August 20, 2012. The content in this issue is not real and is not to be taken seriously. It’s supposed to be humorous....
Ebix Acquires Online Insurance Tech Provider TriSystems
Aug 15 2012 // Atlanta-based Ebix, Inc, a supplier of On-Demand software and E-commerce services to the insurance industry, announced that it has acquired London-based TriSystems Ltd., an online insurance trading hub that facilitates...
Markel Posts $89.7M Q2 Profit, Buoyed by Improved Underwriting Results
Aug 9 2012 // Glen Allen, Va.-headquartered Markel Corp. on Thursday posted $89.69 million net income to shareholders for its 2012 second quarter, a 197 percent increase from $30.31 million income reported a year earlier. Markel...
Workers’ Comp Deal in the Works for California
Aug 9 2012 // In a hush-hush environment over the last several months it appears that those who seek workers’ compensation reform have been given hope, despite the looming close to California’s legislative session. And that...
Insurance Industry Poised to Add Jobs Over Next Year: Survey
Aug 8 2012 // Insurance industry hiring appears to be steady with 54.5 percent of companies saying they intend to increase staff and 77.4 percent expect to grow revenue. If the industry follows through on its plans, there will be a one...
Willis Appoints Vaccaro CEO for Facultative Reinsurance Operations in Chile
Aug 7 2012 // Willis Group Holdings announced the further strengthening of its operations in Latin America with the appointment of Alejandro Vaccaro as CEO of the company’s Chilean facultative reinsurance division. He recently...
Captive Insurance Industry to Gather in Burlington, Vt., This Week
Aug 6 2012 // Vermont will be hosting a major conference this week for the nation’ captive insurance industry. The Vermont Captive Insurance Association will be holding its annual conference from Tuesday through Thursday. Some...
Ernst & Young’s Tony Anderson to Be Honored By City Of Hope
Aug 6 2012 // City of Hope’s National Insurance Industry Council will honor Anthony “Tony” Anderson, retired vice chairman and Midwest managing partner of Ernst & Young LLP, with its 2012 Spirit of Life Award. The...
Conference: Risk, Returns, Regulation and More Regulation
Aug 6 2012 // Coming off a rough few years of recession, then a disaster prone 2011 — and then more global uncertainty in 2012 — the world and the insurance industry have a few things to look forward to in the next year. They also...
Prop. 33 Proponents: Ballot Writers Don’t Understand Insurance Industry
Aug 1 2012 // As proponents of California Proposition 33 await a hearing on a lawsuit they filed to change some wording in voter guide statements for the upcoming November election, they’re hoping to avoid the damage that could be...
Geneva Association’s Fitzpatrick Warns against Mixing Bank and Insurance Regs
Jul 31 2012 // After 39 years of gathering, collating and disseminating the facts and figures relevant to the global insurance industry the world’s leaders and shakers are finally paying attention to the findings and...
Earnings Reports: PartnerRe, Greenlight Re
Jul 31 2012 // Selected earnings highlights from Bermuda-based PartnerRe for the second quarter and the first six months of 2012 are as follows: Q2 2012 Q2 2011 Gross premiums written ———— $1.16324 bn $1.18205...
Conference: Risk, Returns, Regulation, and More Regulation
Jul 26 2012 // Coming off a rough few years of recession, then a disaster prone 2011 – and then more global uncertainty in 2012 – the world and the insurance industry have a few things to look forward to in the next year. They also...
Ernst & Young’s Tony Anderson to Be Honored By City Of Hope
Jul 25 2012 // City of Hope’s National Insurance Industry Council will honor Anthony “Tony” Anderson, retired vice chairman and Midwest managing partner of Ernst & Young LLP, with its 2012 Spirit of Life Award. The...
