Revisiting I Bonds, Reinsurance, Buffett in 1979, Private Equity, Why Inflation Matters, Justifying Optimism, Jim Simons, Jay Gould, Fred Martin ...
"More people should copy us [Berkshire Hathaway]. It's not difficult, but it looks difficult because it's unconventional -- it isn't the way things are normally done." -- Charlie Munger, 2000 Wesco Financial annual meeting Alleghany Corporation is a holding company ...
This article provides a brief update to The Rational Walk's 2011 research report on Platinum Underwriters. More than two years have passed since the report was published in October 2011 which is enough time to evaluate the validity of the ...
Munich Re has announced plans to introduce insurance products designed to address the large losses that can arise from major events such as the Deepwater Horizon disaster. The insurer hopes to introduce coverage levels of about $10 billion to $20 ...
The average resident of Tennessee, Kentucky, Missouri, or Arkansas probably does not spend a great deal of time worrying about the potential impact of an earthquake on the New Madrid Fault. After all, the largest quake in the past half ...
P&C National Underwriter magazine has reported that reinsurance pricing was down for the latest January 1 renewal season as global capacity has been restored to levels close to the all-time peak of December 2007. While pricing has softened, underwriting has ...
The Royal Gazette, a Bermuda based newspaper, reports that reinsurers have posted a second straight quarterly increase in policyholders' surplus as a result of firmer pricing and the absence of large catastrophes during the 2009 hurricane season. Read this article ...
The Financial Times Lex Column reports that the combined ratio of American reinsurers through the first three quarters of 2009 averaged about 94 percent. The combined ratio is the sum of the claims ratio and the loss ratio and essentially ...
The Property Casualty Insurers Association of America (PCI) reported full year 2008 results for the industry yesterday and it was not a pretty picture. While PCI reported that insurers remain well capitalized when one considers levels of statutory net worth, ...
A.M. Best today posted a stable outlook for the insurance sector in 2009 following very extreme events in 2008. I found several aspects of today's press release interesting because it indicates a relatively bengin environment when it comes to insurance ...