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- Holding the Line: Reinsurance Market and Renewals Review
- This report reviews and analyzes the reinsurance market and renewals. A late but disciplined renewal season belied some expectations of a return to soft market conditions. With challenging fundamentals and competition still muted, there seems to be little to test underwriters' resolve to 'hold the line'. Consequently, barring a major...
- White papers 2004-01-01
- Managing Defense Costs: The Marriage Between Insurers and Defense Counsel
- Aggressively representing a client and providing a cost-efficient defense don't have to be mutually exclusive for an insurance defense lawyer. The relationship between defense counsel and insurers is unique. It stems from what has become known as the tripartite relationship between the insured, defense counsel and the insurer. The insured...
- White papers
- Insurance, Reinsurance, Retrocession
- At the apex is the individual who owns a home but does not have the financial resources to sustain a large loss. The individual insured pays a premium to an insurance company and in exchange, the company agrees to pay for any loss over a deductible. That's insurance. In exchange...
- White papers
- The Impact of Punitive Damages on Insurers
- Where market conditions will allow for it, most U.S. insurers have begun adding punitive damage exclusions. For example, homeowner's policies exclude from coverage "'bodily injury' or 'property damage' which is expected or intended by an insured." Auto policies exclude coverage for any insured "who intentionally causes 'bodily injury' or 'property...
- White papers
- Insurers and Punitive Damages in U.S. Courts
- The availability of unlimited punitive damages affects 95% to 98% of cases that settle out of court prior to trial. It is obvious and indisputable that a punitive damages claim increases the magnitude of the ultimate settlement and, indeed, affects the entire settlement process, increasing the likelihood of litigation. The...
- White papers
- The Corporation on Trial: Hospitals in Long-Term Care Litigation
- In closing, the paper recommends that any hospital that is involved in long-term care litigation understand that model and apply the best practices discussed. The potential for large awards is far greater than in a hospital's typical medical malpractice case. Educating the claim staff is critical to the hospital's success...
- White papers
- Commercial Auto Segment Pricing Adequacy - Can It Be Maintained
- The commercial auto segment in the United States is experiencing the most adequate pricing in years. Can the commercial auto segment maintain its current adequacy? It will have if it wants to make a profit. This article states that there are a few ways for insurers to maintain price are...
- White papers 2003-04-01
- Insurance Trends: Toxic Mold
- The headlines are alarming: "Haunted by Mold," New York Times, August 12 2001; "Mold, A Growing Problem," Best Review, November 2001 edition; "Beware of Toxic Mold," Time Magazine, July 2, 2001. These are just a few of the hundreds of articles reporting on this subject. Many insurance companies are contemplating...
- White papers
- Reinsureds at Global Crossroads in Latin America
- This article states that global reinsurers who found themselves in a vulnerable financial condition on September 11, 2001 still struggle to surmount tumultuous assaults on profitability from different fronts. Key bottom line drags include low investment returns, reserve shortfall arising from adverse casualty development in the United States, and a...
- White papers
- The Corporation on Trial:áHospitals in Long-Term Care Litigation
- The nursing home crisis came to the forefront in the 1990s. Nursing homes clearly were the target of the plaintiff's bar when the elderly were allegedly injured or died. However, hospitals now are being drawn into this arena. Many hospitals now provide a higher percentage of their beds for long-term...
- White papers 2004-06-01
Additional Resources
- Reinsurer merger talk raising questions; Union of Berkshire, ERC would create powerhouse.(News)(Employers Reinsurance Corp. and Berkshire Hathaway Group merger discussion)
- Byline: JUDY GREENWALD OMAHA, Neb.-Reinsurance buyers would be better off if Employers Reinsurance Corp. had a parent such as Berkshire Hathaway Group that is committed to the reinsurance business, because of the stability this would convey, marke Byline: JUDY GREENWALD ...
- Research articles 2002-11-18
- ERC, PartnerRe downgraded.(International/RE Briefs)(Employers Reinsurance Corp.)
- Standard & Poor's downgraded the ratings of Employers Reinsurance Corp. and PartnerRe Group recently, citing the effects of reinsurance industry risk to support both rating actions. S&P downgraded ERC and affiliated non-life insurance and Standard & Poor's downgraded the ratings of Employers...
- Research articles 2003-09-15
- Eagle Star to become part of Employers Reinsurance Corp.
- STAMFORD, Conn. - GE Capital Corp. will acquire Eagle Star Reinsurance Co. Ltd., U.K, from Zurich Financial Services, with the London-based reinsurer becoming part of GE Capital's Employers Reinsurance Corp. Eagle Star Re primarily provides proper STAMFORD, Conn. - GE Capital Corp. will...
- Research articles 1998-10-12
- GE Insurance Solutions focused on improved service; 2004 Rendez-Vous de Septembre.(Spotlight: Rendez-Vous de Septembre)(Employers Reinsurance Corp.)
- Byline: REGIS COCCIA MONTE CARLO, Monaco-The rebranding of Employers Reinsurance Corp. as GE Insurance Solutions is giving the reinsurance group more than just a new name, its chief executive said. Ron Pressman, chairman, president and chief exe Byline: REGIS COCCIA ...
- Research articles 2004-09-27
- ERC ponders strategic repositioning. (Reinsurance).(Employers Reinsurance Corp.)(Company Profile)
- As Employers Reinsurance Corp. contemplates its strategic repositioning, it is vitally important that the company demonstrates a turnaround in a string of quarters beginning next year, according to Ron Pressman, chairman, president and chief executiv As Employers Reinsurance Corp. contemplates its strategic repositioning, it is...
- Research articles 2002-12-02
- Employers Re sues AIG unit for breach of faith. (Employers Reinsurance Corp.; American International Group Inc.'s Insurance Company of the State of Pennsylvania)
- Employers Reinsurance Corp. has filed suit against Ins. Co. of the State of Pennsylvania charging, among other things, breach of utmost good faith in claims submission and allocation and breach of contract. The suit, filed in U.S. District Court Employers Reinsurance...
- Research articles 1997-01-06
- Will Berkshire buy Employers Re? (Late Breaking News).(Employers Reinsurance Corp. may be sold)
- Despite the flurry of press reports that Berkshire Hathaway has made a bid to buy Employers Reinsurance Corp., such a move would be surprising, analysts contend. "We're not going to sit here and say [the deal] can't happen, but we'd be surpri Despite...
- Research articles 2002-11-18
- 20 years later, Employers Reinsurance Corp's role in General Electric may be near end.
- Byline: JUDY GREENWALD OVERLAND PARK, Kan.-Employers Reinsurance Corp. is not expected to remain a General Electric Co. subsidiary over the long term. Although ERC is expected to remain under GE's umbrella for at least the next two years, it wil Byline:...
- Research articles 2004-02-09
- Pressman Named New CEO At ERC.(Ronald R. Pressman, GE Employers Reinsurance)(Brief Article)
- Ronald R. Pressman has been named president and thief executive officer of the Overland Park Kan.-based GE Employers Reinsurance and senior vice president of-General Electric. Mr. Pressman, 42, succeeds David L. Calhoun,; who was previoasly named Ronald R. Pressman has been named...
- Research articles 2000-06-19
- New ERC chief to draw on general, eclectic background.(Employers Reinsurance Corp)
- When Ronald R. Pressman, the new president and chief executive officer of Employers Reinsurance Corp., meets people in the industry, they may wonder how long he is likely to stay in his position. So far, though, nobody has asked. "To be hones When...
- Research articles 2000-08-28
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