Willis Sees Catastrophe Bonds Setting Record This Year After Busy Q2 July 7, 2014 The largest ever volume of non-life catastrophe bonds was issued during the second quarter of 2014 (Q2), according to a...
Lloyd’s Underwriters Find Success with U.S. Subsidiaries: SNL July 7, 2014 Insurers Hiscox Ltd., Beazley Plc and Catlin Group Ltd. are reaping the benefits of the U.S. market, according to a...
Insurers’ Yield on Investments Lowest Since 1965 July 6, 2014 By Noah Buhayar Warren Buffett had just taken control of Berkshire Hathaway Inc., a textile maker he would build into one of the...
P/C Insurers’ Profit Dipped in Q1 July 6, 2014 Private U.S. property/casualty insurers’ net income after taxes fell to $13.8 billion in first-quarter 2014 from $14.3 billion in first-quarter...
Insurers Suspect Fraud, Sue Phillips Asbestos Trust July 6, 2014 Six insurance companies are suing an asbestos personal injury trust set up by a U.S. unit of Philips that the...
Progressive Boosts Ad Spending But GEICO Still #1: SNL July 3, 2014 Progressive Corp. boosted its advertising spending by nearly $70 million year over year to $595.4 million in 2013, the largest...
How Insurers Would Wind Down If Needed to Avoid Future Bailout July 3, 2014 By Jesse Hamilton and Zachary Tracer American International Group Inc. and Prudential Financial Inc. told regulators they could divest units and halt policy sales to avoid...
Hurricane Arthur Prompts North Carolina Coast Evacuations, East Coast Flood Watches July 3, 2014 By Brian K. Sullivan, Heesu Lee and Naomi Christie Hurricane Arthur gained strength as it bore down on North Carolina’s Outer Banks, where some residents and visitors were ordered...
Small Firms Fear Gap in Trade Finance If Export Import Bank Closed July 3, 2014 By Krista Hughes Private sector trade finance has not fully recovered from its financial-crisis collapse, and it is not clear it could fill...
Painkiller Prescribing Varies By State, Highest in South; Florida Reverses Trend: CDC July 2, 2014 Health care providers in some states prescribe far more painkillers than those in other states, according to a new government...