Latest Market Headlines
All the headlines from our Market Topic Page, ordered by recency.
Survey of Analysts Projects Healthy Underwriting Profits
Dec 17 2007 // Next year may just go down on record as one of the best insurance industry underwriting performances in the past 80 years, according to an industry survey of Wall Street stock analysts and industry professionals. Analysts...
Lloyd’s Nanotechnology Conference and Report Examines New Risks
Dec 11 2007 // Lloyd’s held its first ever seminar on nanotechnology on Monday, Dec. 10. The conference was organized in cooperation with the Lighthill Risk Network, (http://www.lighthillrisknetwork.org), a non-profit organization...
Research & Markets Releases ‘Snapdata’ Reports on India, Netherlands
Dec 7 2007 // Dublin-based Research and Markets announced the addition of “Snapshots India Non-Life Insurance 2007” and “Snapshots Netherlands Non-Life Insurance 2007” to their offering. The report on the Indian...
Coastal Flood Peril Study: $3 Trillion Today – $35 Trillion by 2070
Dec 6 2007 // An exhaustive study of the threat posed by coastal flooding warns that “as many as 150 million people in the world’s major cities could be reliant on flood defenses by 2070 – more than three times the 40...
e2Value, Inc. Introduces Annual “Prevedere Award” Honoring Courage in Insurance Industry
Dec 6 2007 // ————– Steve Arcia of Fireman’s Fund is First Winner ————– STAMFORD, Conn., December 6, 2007 — e2Value Inc. today presented its inaugural Prevedere...
N.Y. Insurance Charitable Fund’s First Grants Help Injured Soldiers, Urban Poor, Environment
Dec 6 2007 // Wounded soldiers returning from Iraq and looking for jobs will be among those helped by contributions from a new tri-state insurance industry charitable foundation. The foundation also announced awards to a New York City...
Banks in Insurance Advance Despite Soft Market, Study Reports
Dec 4 2007 // Despite a soft property and casualty (P/C) insurance market, the top 100 banks in insurance made substantial gains in the past year, says a new report distributed by the Bank Insurance & Securities Association The...
Conn. Consumers to Get ‘Mints on Pillows’ Treatment
Dec 2 2007 // Commissioner Sullivan vows departmental changes; also contends private coastal insurance market is working Connecticut consumers dealing with the state’s insurance regulatory agency should be left feeling they were...
Five Trends for Agents to Track
Dec 2 2007 // In a poem written 2,000 years ago by Horace, he used the phrase “carpe diem,” which is commonly translated as “seize the day.” Although interpretations of this phrase vary, one interpretation can...
Watson Wyatt: Property/Casualty Insurance Market to Remain Soft in 2008
Dec 2 2007 // The market for property and casualty insurance will stay soft in 2008, as premiums are expected to either decline or remain flat, according to actuarial and risk management experts at global consulting firm, Watson Wyatt...
Deregulation Pushing Banks Into Insurance Industry
Dec 2 2007 // As the financial services industry has evolved since deregulation, there has been a rise in “bancassurance: the joint effort of banks and insurers to provide insurance services to the bank’s customer...
When Selling Their Business, Brokerage Owners Should Not Go Bare
Dec 2 2007 // How hiring an investment banker who specializes in agency mergers can maximize value for a seller Only the most naive person would say it is not necessary to hire an attorney for a civil litigation. It is that same...
S&P Says Saudi Insurance Market Able to Meet Regulatory Challenges
Nov 27 2007 // Standard & Poor’s Ratings Services has said that it considers the Saudi insurance market to possess the “inherent strengths,” which will allow it to “ride out” forthcoming regulatory...
Mayor Bloomberg to be at Insurance Charitable Foundation Dec. 5
Nov 26 2007 // New York City Mayor Michael Bloomberg will be the special guest as the Insurance Industry Charitable Foundation hosts its first annual dinner in New York on Wednesday, Dec. 5, 2007 at the Waldorf Astoria Hotel. The...
Research & Markets Analyzes Climate Change Threat to Insurers
Nov 26 2007 // Dublin-based Research and Markets announced the addition of “Global Warming & the Insurance Industry” to their offering. The study concentrates on the possible effects of the increase in the average...
Defeat for Insurance Industry; Wash. Voters Approve Referendum 67
Nov 18 2007 // Much to many insurance companies’ dismay, Washington voters approved Referendum 67, with 520,667 or 57 percent of voters in favor of the initiative to allow insureds to collect triple damages if their insurer...
Keep the McCarran-Ferguson Act Insurance Exemption
Nov 18 2007 // Federal antitrust laws are intended to ensure a competitive market by prohibiting companies from acting in concert with each other, such as through price-fixing or sharing arrangements that exclude other competitors. The...
Congress Considers Disaster Legislation to Alleviate Coastal Insurance Crisis
Nov 18 2007 // House passes measure opposed by Bush and insurance industry remains at odds on best solution Disaster legislation is hot on the minds of congressional leaders this month as a handful of bills made their way to both the...
S&P Report on Bermuda’s Re/Insurers – Cautious, but Optimistic
Nov 14 2007 // Analysts from Standard & Poor’s Ratings Services have pit together an analytical report on Bermuda’s insurance and reinsurance industry, following what S&P sees as “another excellent...
Lloyd’s Reports on Chinese Market
Nov 13 2007 // Lloyd’s has released a research report on China’s rapidly developing insurance market, which it said “explores the key trends in the Chinese non-life insurance market and the opportunities they present...
