Content from L.S. Howard
Insurers/Reinsurers Fail to Adequately Cover Global Terrorist Threats: JLT
The re/insurance industry is failing to respond to the growing global terrorist threat with products that meet the needs of their clients, according to a report published by JLT Re and JLT Specialty ...
Low Catastrophes, High Reserve Releases Mask Reinsurance Industry Weakness
Weak business conditions in the reinsurance industry are being masked by a low level of catastrophes and a high level of reserve releases, said Standard & Poor's Ratings Services and Fitch ...
Risk Appetite Statements Increasingly Shape Reinsurance Buying Decisions: Willis Re
The rising adoption of formal risk appetite statements is having a dramatic effect on reinsurance buying decisions, with purchasing power increasingly moving to the center, according to the findings ...
Zurich Insurance Paid Ex-CEO Martin Senn $6.3M in 2015
Zurich Insurance paid Martin Senn, its former CEO, 6.1 million Swiss francs ($6.3 million) during 2015, down from 7.2 million Swiss francs ($7.9 million) in 2014, the company reported. (The Swiss ...
Markel Strategy: Growing a Company ‘Built to Last’
Wall Street and financial analysts like to focus on next quarter's profits and losses. But such an approach is not always the best way to run a business for the long term, affirmed Richie Whitt, ...
Markel Proves That Co-CEOs Work Effectively Together
In an industry where large egos are generally the rule, rather than the exception, Markel Corp.'s leadership structure could be deemed a bit unusual—and, as a result, doesn't exist in many ...
Global Reinsurers’ Strong Capital Position Counteracts Competitive Pressures in 2016: S&P
Strength of capital and good enterprise risk management are two of the main reasons the global reinsurance industry will be able to maintain a stable outlook during 2016 from Standard & Poor's ...
U.S. P/C Industry Maintains Stable Outlook for 2016 Despite Tough Market: S&P
Despite ongoing soft market conditions, declining statutory surplus and "unsustainable levels" of reserve releases, the U.S. property/casualty industry will maintain a stable outlook for 2016, ...