Prices are holding steady for corporate buyers of casualty insurance products, and in cases where the loss experience has been particularly good, the premiums have fallen. On the property insurance side of the industry, it’s a buyer’s market, with prices falling at a quick clip. And in both industry houses, insurers eager to maintain market share are open to altering policy coverage terms and conditions.
Direct impact is limited; critics' concerns focus on China's reaction and whether this move portends broader protectionist actions in the future.
First, the London interbank offered rate (commonly known as Libor) is going up. And second, the dollar’s been going down. Until mid-October, the…
Businesses want Congress to repeal the Cadillac tax, but the price tag may be too steep.
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