Can private insurers offer flood insurance?
With the exception of some commercial insurance coverage, most flood insurance in the United States is offered through the National Flood Insurance Program. A new study by the Wharton Risk Management...
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NFIP extended through Dec. 16; insurers call for long-term extension
WASHINGTON—Congress has approved another short-term extension of the National Flood Insurance Program, which was slated to lapse Friday.The extension was part of a spending bill that was approved...
View ArticleThree insurers increase estimated catastrophe losses
HAMILTON, Bermuda, and NEW YORK—Two Bermuda-based underwriters and a U.S.-based underwriter have made preliminary estimates of their fourth-quarter catastrophe losses. Hamilton, Bermuda-based Alterra...
View ArticleThree insurers increase estimated catastrophe losses
HAMILTON, Bermuda, and NEW YORK—Two Bermuda-based underwriters and a U.S.-based underwriter have made preliminary estimates of their fourth-quarter catastrophe losses. Hamilton, Bermuda-based Alterra...
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Insurers share implementation concerns
LONDON—”An insurance company will never look the same again after Solvency II,” Marc Beckers, head of analytics for Aon Benfield in the Europe, Middle East and Africa, said during a recent Aon...
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