Insurance Information Institute

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  Outlook for Renewal of Terrorism Backstop Uncertain

  By Susan Kelly  |  May 14, 2013

  In the wake of the Boston bombings, risk managers consider their 2014 insurance renewals and whether TRIA will be extended.

• Sandy Could Be Third Costliest Hurricane Ever

  By Chad Hemenway, PropertyCasualty360.com  |  October 31, 2012

  Catastrophe modeling firm AIR says insured losses from storm could total $7 bln to $15 bln.

• Business Interruption to Drive Storm Insurance Claims

  By Zachery Tracer  |  October 31, 2012

  Fitch Ratings argues such claims will be higher than estimated.

• Hurricane’s Toll Could Top $20 Bln

  By Chris Burritt and Brian K. Sullivan, Bloomberg  |  October 30, 2012

  Total impact could include $7 bln to $8 bln of insured losses.

• Insurance Stocks Drop on Possible Cost of Storm

  By Kevin Crowley, Bloomberg  |  October 29, 2012

  Hurricane Sandy could cost industry up to $6.3 bln, vs. $4.3 bln for Irene.

• Insurance Captives Find Homes Onshore

  By Anya Khalamayzer, PropertyCasualty360  |  August 20, 2012

  The dominance enjoyed by offshore captive domiciles may be coming to an end, says the Insurance Information Institute.

• Insurance Rates Are Up in Q2

  By Mark Ruquet, PropertyCasualty360  |  August 1, 2012

  Experts still doubt a hard market is on the way, and some question the current environment’s momentum.

• Hard Market in Insurance Still Distant (Insurance Journal)

  June 27, 2012

  Industry has yet to see all the elements necessary for a sizable jump in rates, says III’s Robert Hartwig.

• Soft Market Ends

  By Susan Kelly  |  January 4, 2012

  Insurance costs are finally heading higher, but experts say the increases will be moderate.

• Insurers’ Profitability Plunges

  By Noah Buhayar, Bloomberg  |  December 27, 2011

  Natural disasters send property and casualty profits to lowest level since 2008.