NEW YORK, October 19, 2016 /PRNewswire/ —  The Property and Casualty Insurance industry continues to suffer from sluggish demand due to a slowdown in economic activity. According to reinsurance specialist Guy Carpenter, global catastrophe reinsurance prices dropped this year below levels last seen in 2001. Today, Stock-Callers.com reviews the performances of American International Group Inc. (NYSE: AIG), MGIC Investment Corp. (NYSE: MTG), …

PUNE, India, October 13, 2016 /PRNewswire/ –2016 global catastrophe insurance market research says one of the key trends for market growth will be improvements in capital management leading to greater performance of different investments. Many insurance vendors are working to achieve market leading investment performance. Such efforts may help the vendors to develop and sustain a huge asset base to …

AIG has agreed to sell United Guaranty Corporation (UGC), its mortgage-guaranty unit, to Arch Capital for about $3.4 billion – $2.2 billion in cash – the rest in Arch Capital stock. In January, AIG said it would spin off the mortgage insurance unit to fend off activist shareholders Carl Icahn and John Paulson. AIG’s President and CEO Peter Hancock says …

Matt Power, EVP and Head of Strategic Development at Lexington, joins WRIN.tv to discuss the global economy, the ten year anniversary of Katrina, the Affordable Care Act and emerging risks from cyber-attacks, drones and more. When Mr. Power considers the economy, he focuses on how technology and globalization have created tremendous “connectivity.” He points to the impact of Greece and …

During the 2015 National Association of Professional Surplus Lines Offices (NAPSLO) Convention in San Diego, WRIN.tv spoke with Jeremy Johnson, President & CEO of Lexington Insurance, where he discusses the transformational impact data and modeling has had on all industries like insurance, the “benign” 2015 hurricane season and the danger of insurance being commoditized due to the influx of alternative …