Property/casualty (P/C) insurers have turned to releasing significant amounts of reserves in the past couple of years, even as the...
Financial News
Insurance Australia Group (IAG) has announced that “due to a significant deterioration in UK claim experience, in particular bodily injury...
The Bermuda Monetary Authority has begun conducting a pilot of its internal capital model (ICM) review process with selected Class...
The Ohio Department of Insurance has revoked the licenses of two troubled insurance companies: Imperial Casualty and Indemnity Co. of...
Markel International, a subsidiary of Markel Corp. that operates in the Lloyd’s market, has launched a new trade credit division....
To its admirers, India’s ruling coalition has had a good year — sound fiscal policy to stave off a ruinous...
Munich Re has obtained cover for US hurricane and European windstorm risks amounting to US$ 80 million from special-purpose vehicle...
Agreeing on a $1 trillion safety net may prove the easy part of saving the euro now the European Union’s...
Lloyd’s CEO Richard Ward issued a warning to insurance chiefs to prepare for a tough year ahead with the fall-out...
Europe’s $1 trillion economic rescue signals a recognition of the threat to the euro currency and a commitment to defending...