Best Report: Saudi Arabia’s Insurance Market Adapts to Change March 13, 2012 The insurance market in Saudi Arabia has changed dramatically in the past decade, with further development anticipated, according to a...
Geneva Association Report: 2011 an ‘Annus Horribilis’ for Insurance Industry March 9, 2012 By Charles E. Boyle The latest report from the Geneva Association , No. 5 in the current series – Extreme events and insurance: 2011...
Report: Arizona P/C Insurers See Premiums Written Fall and Losses Rise March 1, 2012 By Don Jergler A report on Arizona’s property/casualty insurers issued on Thursday shows a drop in written premiums to $7.4 billion, and a...
Allianz Posts $3.73 Bn Net Income; Hit by Cat Claims, Sovereign Debt, Banks February 24, 2012 By Charles E. Boyle Catastrophe claims and write downs on investments in sovereign bonds and banks were behind the profit fall revealed by Allianz,...
Swiss Re Reports $2.6 Billion 2011 Net Income Despite Nat Cats February 23, 2012 By Charles E. Boyle Swiss Re reported net income of $2.6 billion for the full-year 2011, despite what it described as “an exceptional natural...
Willis Global Solutions CEO Chides Industry for Failures on Reputation Risk February 21, 2012 Phil Ellis, the CEO of Willis Global Solutions Consulting Group, called on the insurance industry “to innovate rapidly to address...
AIR Analyzes Increased Japan Risk after Tohoku-Oki Earthquake February 17, 2012 By Charles E. Boyle Catastrophe modeling firm AIR Worldwide has released a new report – “Understanding Earthquake Risk in Japan Following the Tohoku-Oki Earthquake...
MAPFRE Highlights 19.3% 2010 Latin American Insurance Market Growth February 14, 2012 By Charles E. Boyle A report from the FUNDACIÓN MAPFRE, which analyzed 19 Latin American countries, concludes that the Latin American insurance market “achieved...
Best Special Report Spots Insurance Market Rebound, Growth in Mexico February 13, 2012 A special report from A.M. Best Co. concludes that “competitive pressures will continue for Mexico’s insurers as they look to...
Indiana Stage Builder Cited in State Fair Collapse February 10, 2012 By Charles Wilson The company that built the stage ahead of last summer’s deadly Indiana State Fair collapse appeared to be indifferent to...