Reinsurance Rates Are Rising, but Few Agree Where April 6, 2011 By Ben Berkowitz Reinsurance rates may be edging higher only now, but the companies’ shares could still surge amid investor hopes that disasters,...
Aon Benfield Report: Despite Catastrophes, Reinsurance Rates Remain Stable April 4, 2011 Aon Benfield’s most recent evaluation of the state of the reinsurance market, as of April 1, concludes that it performed...
Willis Re: Japan Quake Not Enough to Turn Soft Market March 31, 2011 A report from Willis Re, the reinsurance brokerage arm of Willis Group Holdings, notes that “relatively orderly price movements at...
Louisiana Citizens Property Insurance Corp. Rates to Rise July 1 March 21, 2011 The governing board of Louisiana’s insurer of last resort has approved an average 6.5 percent annual rate increase for its...
Debate Begins: Will Japan Disaster Raise Insurance Rates? March 16, 2011 By Ben Berkowitz and Myles Neligan Losses from the Japanese earthquake will reduce insurers’ capital reserves, insurance brokers said Tuesday, as sector shares continued their sharp...
Long-range Somali Piracy Could Affect Insurance Costs, Conditions February 11, 2011 By Jonathan Saul and Myles Nelligan Insuring ships against piracy could become more expensive and subject to tighter conditions after the hijacking this week of oil...
Iowa Commissioner: Wellmark May Increase Rates by 8.5%, not 10.8% February 3, 2011 After completing a review of health insurer Wellmark’s November 2010 rate increase request, Iowa Insurance Commissioner Susan E. Voss has...