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Daily NewsFlash : January 05, 2010


Daily NewsFlash Wizard
1/5/2010

Best: P/C insurers Likely to Tighten Underwriting

According to A.M. Best Co. Inc., lower investment income likely will prompt the U.S. Property/Casualty industry to focus on underwriting discipline to improve results following the financial ...

Guy Carpenter: Rates Decline at January 1, 2010 Reinsurance Renewal

Reinsurance rates across most lines of property catastrophe business declined at the January 1, 2010 renewal, according to a briefing released today by Guy Carpenter & Company, LLC. The report, ...

Conning Research: Inflation Volatility a Significant Planning Concern for P/C Insurers

Inflation and inflation volatility should be significant concerns for property-casualty insurers, especially for the next few years, according to a new study by Conning Research and ...

A Look at America's Safe-Driving States

As we reported yesterday, as of January 1st, drivers in Illinois, Oregon and New Hampshire must submit to state laws forbidding text-messaging while driving. Those states will join 16 others, plus ...

BestWeek: Primary Insurers Become Kings of Cat Bonds

Primary writers tapping the catastrophe bond market helped make 2009 the third-biggest year for new cat bond risk capital issued, according to the January 4, 2010, edition of BestWeek ...

AIG Hires New HR Exec, New Chief Admin Officer

American International Group Inc. (AIG) on Monday made several senior appointments, naming a new head of human resources and a new chief administrative officer who previously worked at a Wall Street ...

Pending Home Sales Drop After Months of Gains

The number of houses placed under contract fell sharply in November in the first drop in nearly a year, data released Tuesday show. It was the clearest sign yet that predictions of another downturn ...

Swiss Re Obtains $150 million of Natural Cat Protection with Redwood Capital XI Ltd. Bonds

Swiss Re has entered into a transaction with Redwood Capital XI Ltd. ("Redwood XI") to receive up to $150 million of payments in the event of a California earthquake in the covered area that meets ...





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