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Daily NewsFlash : November 08, 2011

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Tuesday, November 08, 2011

Signs of P/C Market Turning on Heels of Q3 Earnings

Signs of the commercial property/casualty market turning have been hot topics during recent third-quarter earnings calls, and there's a number of factors contributing to that movement, said Andrew ... Read More

EU Insurance Regulator Warns Current Crisis "Worse than 2008" - Report

The euro zone's current crisis is worse for the insurance industry than the crisis of 2008, the head of the European Union's insurance industry regulator said in an interview published Monday.

Read More

Munich Re's Q3 Net Profit Fell 63%

Munich Re AG, the world's largest reinsurer by gross premium income, Tuesday said third-quarter net profit fell 63% on a substantially lower contribution from investments and a negative impact from... Read More

Distinguished Programs Announces the Acquisition of The Colonial Group

Distinguished Programs Group LLC (Distinguished) has acquired the assets of The Colonial Group (Colonial), a managing g... Read More

Health Costs from U.S. Disasters Over Last 10 Years Estimated at $14 Billion

Deaths and health problems from floods, drought and other U.S. disasters related to climate change cost an estimated $14 billion over the last decade, researchers said on Monday.

"When extr... Read More

Appeals Court Backs Health Care Law

A conservative-leaning panel of federal appellate judges on Tuesday upheld President Barack Obama’s health care law as constitutional, helping set up a Supreme Court fight.

A panel of... Read More

Olympus Corp Admits to Covering Up Investment Losses for Decades

Japan's Olympus Corp. said Tuesday it covered up investment losses for decades and used a series of acquisitions to clean up its books, helping clear up some of the mystery surrounding those deals ... Read More

Willis ILS Report: Non-Hurricane Cat Bond Issuance the Theme for Q3

The latest Insurance-Linked Securities (ILS) Market Update from Willis Capital Markets & Advisory, part of Willis Group Holdings, found that none of the four catastrophe bond issuances in the t... Read More

Aon Suggests Divergence in the Airline Insurance Industry

Aon Risk Solutions, the risk management business of Aon Corporation, has released Airline Insurance Market Indicators 2011/12, the latest edition of its long running aviation data reports. As the f... Read More


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