Latest Trends Headlines
All the headlines from our Trends Topic Page, ordered by recency.
Emerging environmental risks pose problems for underwriters
Jan 23 2006 // Anticipating and assessing risk, along with defining and assigning value to units of exposure, are basic components of an insurance underwriter’s job. Challenging as such tasks are when examining well-known...
Earlybird Forecast
Jan 22 2006 // Record catastrophe losses will weigh heavily on 2005’s underwriting results, according to the Insurance Information Institute’s Earlybird Forecast Survey, but the survey of Wall Street stock analysts and...
Earlybird Forecast
Jan 22 2006 // 2006 looking good already for P/C industry Record catastrophe losses will weigh heavily on 2005’s underwriting results, according to the Insurance Information Institute’s recent Earlybird Forecast Survey, but...
Editor’s Note: 2006 Begins with Politics Up Front; State Legislatures Tackle Auto Issues
Jan 22 2006 // Midwesterners have never been known to take a “back seat” on anything. Seizing the opportunity seems to come naturally to us. A case in point is the recent scramble by three Midwestern congressmen to jump into...
Emerging environmental risks pose problems for underwriters
Jan 22 2006 // Anticipating and assessing risk, along with defining and assigning value to units of exposure, are basic components of an insurance underwriter’s job. Challenging as such tasks are when examining well-known...
Earlybird Forecast
Jan 22 2006 // Fortunately for insurers, 2006 will likely feature far fewer screaming headlines announcing investigations into various insurance industry practices such as broker compensation and finite reinsurance. Each year the...
SURPLUS LINES TRENDS
Jan 22 2006 // Teflon, nanotechnology and more
Reinsurance Outlook
Jan 22 2006 // Although Katrina is long gone, the clouds of misfortune she and her sisters generated will linger for decades. They radiate well beyond Louisiana, Florida, Texas, Mississippi, Alabama and other regions into the heart of...
Fitch Predicts Stable Outlook for Broker Industry in 2006
Jan 20 2006 // New York-Chicago-based Fitch Ratings is predicting stability and growth for the broker industry in 2006, while admitting that earnings will be down in 2005 because of litigation connected to New York Attorney General Eliot...
AUGIE Launches Agency Survey
Jan 20 2006 // The ACORD-User Groups Information Exchange (AUGIE) reported its benchmark Agency Technology Survey is now available to complete and encourages independent insurance agents and brokers to participate. The Florida...
CII Survey Examines Changes in Broker/Insurer Relations
Jan 20 2006 // The U.K.’s Chartered Insurance Institute’s (CII) Faculty of Insurance Broking, in conjunction with Oracle, the enterprise software company, has issued a new study – ” Opinion Leader Research: Broker...
As Rates Rise, Delaware Solicits Changes to Workers’ Comp Classes
Jan 20 2006 // Delaware Insurance Commissioner Matt Denn has asked Delaware businesses to submit requests for classification changes under the workers’ compensation insurance system if they believe that changes would make more...
Best Affirms FSR for Central Reinsurance; Outlook is Stable
Jan 19 2006 // A.M. Best Co. has affirmed the financial strength rating of A- (Excellent) and the issuer credit rating (ICR) of “a-” of Central Reinsurance Corporation (Central Re) (Taiwan). The outlook for both ratings is...
Aon U.K. Sees Riskier Outlook for Businesses in 2006
Jan 18 2006 // Aon Limited, The U.K.-based insurance broker and risk management consultant for the Aon Group, has published its 2006 Risk Report assessing some of the major new and existing risk challenges for UK businesses. Climate...
Best Downgrades FSR for Louisiana Farm Bureau; Outlook Negative
Jan 18 2006 // A.M. Best Co. has downgraded the financial strength rating to B+ (Very Good) from A- (Excellent) of Louisiana Farm Bureau Mutual Insurance Company (LFB) (Baton Rouge, La.). The rating has been removed from under review and...
SCOR’s P/C, Credit and Surety Treaty Renewal Premiums Up 25%
Jan 16 2006 // France’s SCOR Group announced that “premium income linked to Non-Life and Credit & Surety treaties up for renewal on 1 January 2006 is up by around 25 percent.” The bulletin added, “these...
S&P Survey of Australia NZ Market Notes M&A Activity; Rating Changes
Jan 16 2006 // Standard & Poor’s Ratings Services has issued a report which notes: “Rating actions picked up noticeably in Australia and New Zealand in 2005, as merger and acquisition (M&A) activity intensified and...
HCC Expects Earnings Growth in 2006
Jan 11 2006 // HCC Insurance Holdings Inc. provided earnings guidance for the period ending Dec. 31, 2006. In a news release, HCC said management is confident they will achieve or beat consensus earnings of $2.55 per fully diluted share...
S&P Maintains Stable Outlook on Italian Insurance Industry
Jan 9 2006 // In a recently issued study “Insurance Industry Risk Analysis: Italy (Republic of),” Standard & Poor’s Ratings Services said it is maintaining its stable outlook on the Italian insurance industry....
ACE Cites Increased Risks in Outsourcing IT Systems
Jan 9 2006 // ACE European Group Limited has issued a warning to organizations who outsource their IT systems, which indicates they “are increasing their potential vulnerability to security breaches causing possible long term...
