Exec Panel: Consolidation, Possible Reserve Crisis on Horizon | ACE's Greenberg Sounds Off on FASB Proposal

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October 23, 2013 PropertyCasualty360.com
First Notice Terrorism Risk: Anywhere, Anytime By Bonnie Cavanaugh, PropertyCasualty360 Risk managers look mostly at two areas of terrorism insurance: property and workers' comp, says RIMS' Carolyn Snow.…Read more Industry News PCI Exec Panel Predicts More Industry Consolidation, Possible Reserve Crisis By Chad Hemenway, PropertyCasualty360.com As regulation has prompted banks to move toward consolidation, one insurance executive here at the PCI Annual Meeting is calling for the same in his industry. …Read more Evan Greenberg Sounds Off on FASB Accounting Proposal; ACE Enjoys Solid Q3 By Phil Gusman, PropertyCasualty360.com Efforts by the Financial Accounting Standards Board to change accounting for insurance contracts deviate from an established, well-tested and reasonable norm, and essentially amount to a solution in search of a problem, according to comments by ACE Chairman and CEO Evan Greenberg.…Read more XL CEO McGavick: Insurance Industry Must 'Become More Daring' By Chad Hemenway, PropertyCasualty360.com XL Group CEO Michael McGavick says the insurance industry needs take some risks itself in order to provide solutions for a riskier world. …Read more For 150 years, we have insured some of America's most iconic moments. We take pride in protecting the dreamers, inventions and buildings that make this country what it is today. Read more about our role in our country's history. Insurer CFOs See Market as Hard or Hardening, but Are Split on When Rates Will Dip Again By Staff Writer Both property and casualty insurance markets are in the midst of hardening, according to a survey of CFOs at leading North American P&C insurers.…Read more Superstorm Sandy: The 3rd-Costliest Hurricane in U.S. History By Staff Writer A year ago, Superstorm Sandy became the third-costliest hurricane in U.S. insurance history. An infographic from Allianz shows a timeline of Sandy's trail of destruction.…Read more Top 3 Ways Agents Benefit from Investing in the Cloud By Aaron Weiss Cloud technology can improve interoffice teamwork between agents, brokers, and agency support staff--and deliver better customer service.…Read more Editors' Picks A Risk Manager's Essential Guide to Avoiding EPL Claims Catastrophes, Climate Change and Competition: Reinsurance Execs Outline Top Challenges for 2014 and Beyond Dude, Where's My Data? Fear of Flying Telematics at Tipping Point as Execs Weigh Ultimate Impact, Obstacles Independent agents need a unified voice to combat the big 4 P&C carriers. Our story that "we represent the customer and not the insurance company" is very simple, but not effectively articulated on a national level. — @MooneyInsurance, Is Personal Lines Auto Worth Fighting For? Featured Lines Environmental Insurance Subscribe to our eNewsletters Get the best of PropertyCasualty360.com, from market trends and news to the analysis you need – it's the information you need to solve your biggest business problems…so you can sleep at night. Check out PropertyCasualty360.com eNewsletters!
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24 Oct, 2013

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