After suffering its first ever net loss in 2001, an extraordinary and dismal year by anyone’s reckoning, the property/casualty industry...
Terrorism News
A.M. Best Co. maintained the “A-” (Excellent) financial strength rating of the Lloyd’s market after the recent announcement of a...
In the words of security consultant Brian Jenkins, “There will be further incidents of terrorism.” Jenkins, speaking at AIG’s “Terrorism:...
The legal dispute between Swiss Re and Silverstein Properties over whether the destruction of the twin towers of the World...
A National Association of Insurance Commissioners (NAIC) committee wanting to add terrorism risk to an existing plan for catastrophe reserving...
The Alliance of American Insurers has pointed to the U.S. Congress Joint Economic Committee’s (JEC) new study The Economic Costs...
Saying that the company’s insurance operations are rebounding, billionaire investor Warren Buffet informed stockholders that Berkshire Hathaway’s operations are back...
New York—The insurance business needs help in the form of terrorism coverage, but it’s no panacea, warns Robert V. Mendelsohn,...
Aon Corporation reported first quarter dilutive earnings per share of $0.37 compared with $0.07 in the year ago period. Excluding...
Following recent meetings with policy makers in Washington D.C., Lloyd’s Chairman Sax Riley issued a statement urging U.S. lawmakers to...