All North America articles – Page 37
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California quake fund hikes rates
The California Earthquake Authority intends to increase rates in 2008 amid concerns over its claims-paying capacity
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Prices "remained flat or fell" at 1 July renewals
Willis Re highlights retention and capital markets as major factors in price depression
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JLT hires Aon aerospace expert
JLT has hired Aon Aviation president Wayne Wignes as vice chairman of its North American aerospace practice
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US fires could cost $150m
RMS warns Angora fire costs could spiral up to $1bn in worst case scenario
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Ace signs up to climate challenge
Insurance group pledges reduction in greenhouse gas emissions
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Guy Carp hires global chief economist
Guy Carpenter has appointed Joan Lamm-Tennant as global chief economist and risk strategist
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Nat cat losses will be off the scale
A Japan earthquake could cost $1trn, warns Professor Bill McGuire
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US reinsurance bill approved
The Nonadmitted and Reinsurance Reform Act of 2007 has been approved
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Florida Commission rejects new RMS predictions
RMS warns Florida could be leaving insurers and their policyholders “more exposed than they believe”
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Farewell to catastrophe reinsurance?
A spate of new cat bonds suggests insurers increasingly prefer the capital markets for risk management
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Largest companies slowest to adopt captives
Aon’s captive report shows over half of Global 1500 are missing an opportunity
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CastlePoint in joint venture with AequiCap
AequiCap Insurance Company will produce workers’ compensation and commercial auto of up to $100m premiums
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Marsh supports ten year extension of TRIA
Marsh has presented testimony before a Congressional subcommittee in support of the ten-year extension of TRIA
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TRIA extension is critical says AM Best
AM Best says TRIA's extension is critical to the financial health and stability of the property casualty insurance sector
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TRIA renewal produces controversy
Controversy over the proposed renewal of TRIA surrounds the NBCR provision and ten-year extension
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Sidecars becoming a global solution
Previously the domain of just a handful of other jurisdictions, sidecars are becoming a global reinsurance solution
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Climate change: insurers have a crucial role
The industry must recognise its important role in providing solutions to help curb climate change
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Carvill wins in case against XL
A court in the US has ruled in Carvill's favour in a case between the broker and XL Specialty Insurance
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ACE encouraged by TRIA extension bill
ACE has given its backing to the Terrorism Risk Insurance Revision and Extension Act of 2007
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AM Best: Montpelier ratings unchanged
Montpelier's announcement that it is launching a Lloyd's syndicate will not affect its ratings, says AM Best