BestWeek: Trading Exchanges See Terror Exposure Multiply.OLDWICK, N.J. -- Terrorism has been the overriding property insurance exposure for trading exchanges since September 11, 2001, due to their location in central business districts in some of the world's largest cities
prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. a story in the November 6 issue of BestWeek. In financial capitals such as Paris, London, New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , Tokyo, Toronto, Chicago, Brussels, Belgium, and Milan, Italy, organized securities markets have taken significant steps to prepare for the possibility of a large-scale disruption. However, amid the ongoing consolidation frenzy, experts say the exposure to and risks from such an attack continue to increase. Also, BestWeek takes a look at UnumProvident Corporation's struggles with the cost of reassessing old, closed disability claims under a multistate regulatory settlement. Also featured in BestWeek is Best's Insurance Composite Index Composite Index A grouping of equities, indexes or other factors combined in a standardized way, providing a useful statistical measure of overall market or sector performance over time. Also known simply as a "composite". , which finished the week of Nov. 2, 2006, at 1,180.12, up 5.09% from a year ago. The composite index reflects the performance of 133 insurance stocks. The week's top performers were Direct General Corp.; United America Indemnity Ltd.; Merchants Group Inc.; Marsh & McLennan Cos.; and RTW (Release/Released To Web) A version of software that is ready to be sent, or has been sent, to a Web server for downloading by the public. See RTM. Inc. The week's bottom performers were Mercer Insurance Group Inc.; Tower Group Inc.; Atlantic American Corp.; Horace Mann Educators Corp.; and Meadowbrook Insurance Group Inc. BestWeek is published by A.M. Best Co. for insurance professionals. To subscribe to Verb 1. subscribe to - receive or obtain regularly; "We take the Times every day" subscribe, take buy, purchase - obtain by purchase; acquire by means of a financial transaction; "The family purchased a new car"; "The conglomerate acquired a new company"; BestWeek, please call A.M. Best's customer service department at (908) 439-2200, ext. 5742, or e-mail your request to customer_service@ambest.com. A.M. Best Co., established in 1899, is the world's oldest and most authoritative insurance rating and information source. For more information, visit A.M. Best's Web site at www.ambest.com. |
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