Dallas Hailstorm Insured Losses Could Reach $2 Billion June 18, 2012 By Ben Berkowitz and Marice Richter Insured losses from the massive hailstorm that struck the Dallas area on Wednesday could reach as much as $2 billion,...
Best Affirms Kemper Corp., Subs and Affiliates Ratings June 18, 2012 A.M. Best Co. has affirmed the financial strength ratings (FSR) of ‘A-‘ (Excellent) and issuer credit ratings (ICR) of “a-”...
Best Affirms Tower U.S. Pool and Affiliated Companies Ratings June 18, 2012 A.M. Best Co. has affirmed the financial strength ratings (FSR) of ‘A-‘ (Excellent) and issuer credit ratings (ICR) of “a-”...
How Predictive Modeling Has Revolutionized Insurance June 18, 2012 The use of predictive modeling has forever changed the way insurance policies are priced. The revolutionary tool allows insurers to...
Best Affirms Aioi Nissay Dowa and Subs Ratings; Outlook Stable June 18, 2012 A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and the issuer credit rating (ICR) of...
Best Affirms General Reinsurance Corp’s ‘A++’ Ratings; Outlook Stable June 18, 2012 A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A++’ (Superior) and issuer credit ratings (ICR) of “aa+”...
Willis Re Reports on Impact of ‘RMS v11’ European Windstorm Model Changes June 18, 2012 A report from Willis Re notes that “UK insurers may see increases of up to 97 percent in their capital...
Oil Market Shrugs at Imminent Iran Tanker Insurance Ban June 18, 2012 In less than two weeks, Iran’s biggest oil buyers will lose access to the London-based insurance market that protects 95...
Greek Pro-bailout Parties Look to Forge Coalition June 18, 2012 By Dina Kyriakidou Political parties supporting Greece’s international bailout begin forging a government on Monday after an election victory over radical leftists staved...
Economic Crisis Challenges Harmonization of U.S. Regulations, EU’s Solvency II June 18, 2012 By Charles E. Boyle The EU’s Solvency II regulations get most of the headlines, but there are other regulatory bodies, which are trying to...