Topic: Insurance Carriers
HHS Sebelius exhorts insurers to get on board
AP News
HHS secretary challenges health insurers to back Obama's system overhaul _ or elseThe head of the Health and Human Services Department is sketching out a stark choice for the nation's insurers: oppose reform and eventually lose customers, or work with the Obama administration to improve the legislation. Secretary ...
Munich Re CEO: Buffett stake backs our strategy
Reuters US Online Report Business News
MUNICH (Reuters) - Munich Re <MUVGn.DE> sees star investor Warren Buffett's stake in the reinsurer as evidence that he backs its long-term strategy aimed at creating stability, Munich Re's chief executive said on Wednesday. "He would not have bought in if he didn't think our ...
Insurers' Chile quake hit won't up prices
Reuters US Online Report Business News
MUNICH/ZURICH (Reuters) - Last month's huge earthquake in Chile might cost the insurance industry up to $7 billion in damage claims, the world's top two reinsurers said, but it looks unlikely to raise reinsurance prices. World leader Munich Re <MUVGn.DE> said it expected the 8 ...
Chile quake to cost insurers 'up to $7 bln'
AFP Global Edition
Reinsurance giant Swiss Re on Wednesday estimated that insurers will have to pay up to 7.0 billion dollars (5.16 billion euros) for damages arising from the deadly earthquake in Chile. "This latest earthquake will lead to significant insurance claims for property damage and business interruption which are designed ...
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