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Articles in U.S. REViews April 2002

Click here to view the April 2002 Edition in PDF format.

Experts Warn Of Climate Changes

A recent report from the National Research Council suggests that global growth of industry could bring about sudden and severe climate changes. Eleven scientists who conducted...

Short & Long-Term Recovery - Reflections On Reinsurance After September 11

The gravest challenge yet to face our business was the September 11 attack on the World Trade Center. All claims, now estimated between $40 and $60 billion, are being paid ...

Conning Study Shows Reserve Shortfall

An industry deficiency of $16 billion, or 6 percent, in loss reserves spells trouble ahead for P/C insurers, according to a new study by Conning & Company, the Hartford-based ...

Insurance Industry Running Scared On Toxic Mold

Big jury awards in Texas mold cases after insurance companies denied coverage have the industry running scared, says Joe Fedor, Executive Vice President of U.S. RE. "Mold is a...

Inserve Names U.S. RE As Reinsurance Broker

U.S. RE has just been named reinsurance broker for Inserve Corporation of Charlotte, North Carolina. Inserve is a managing general agency specializing in workers compensati...

U.S. RE People - Mark Lucas, Internationalist

Editor's Note: U.S. RE-Europe is expanding operations in Central Europe from its base in Basel, Switzerland. Here's a profile of the man behind the growth:

I.I.I. Predicts 15 Percent Premium Increase In 2002 For Insurance Industry

In its annual Early Bird Forecast, the Insurance Information Institute predicted the insurance industry will record an increase of 15.1 percent in net written premiums in 2002...

Uncertainty Hangs Over Reinsurance Market

"Uncertainty" appears to be the operative word in reinsurance today, according to Brian McGuire, Senior Vice President of U.S. RE Corporation. While most signals point to an e...

Some Thoughts On Placing High Loss Ratio Business

By Brian McGuire, Senior Vice President, U.S. RE Corp.

Almost every day, an article appears telling us that today's reinsurance market e...

Commercial Insurance Rates Took Big Hike In Fourth Quarter

The Commercial Insurance Market Index for the fourth quarter of 2001 issued recently by the Council of Insurance Agents & Brokers showed dramatic price increases, especially f...

Newly Formed Risk Retention Group Appoints U.S. RE To Place Reinsurance

A New Jersey agency with 20 years' experience in the trucking industry recently turned to U.S. RE to place reinsurance for its newly formed risk retention group. The agency...

Lister Bike Trek Raised 60,000 Pounds Sterling

Kate Lister, daughter of Christopher Lister, U.S. RE's Senior Vice President-International, cycled 350 miles across the rugged mountains of Laos recently (see U.S. REviews, Se...

Alternative Risk Transfer Programs Attract Risk Managers In Current Market

More risk managers are turning to Alternative Risk Transfer (ART) mechanisms in today's market as they face sharply rising costs for conventional insurance and reinsurance. Th...

The Hard Market - How Long Will It Last?

Most analysts agree, the insurance/reinsurance industry is in a hard market. The big question is how long will it last?

Joe Fedor, U.S. R...

U.S. RE Arranges Summer Camp Liability Program

U.S. RE recently placed coverage for a leading specialist in liability programs for kids' summer camps across the country. Steve Kent, Assistant Vice President, arranged th...

Reinsurance Industry Combined Ratio Shot Up In 2001

The U.S. reinsurance industry combined ratio shot up to 141.6 percent in 200l, compared to 114.2 percent in 2000, according to a survey of reinsurers' statutory underwriting results conducted by the R...