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Mr. Nulton, who had served as chief operating officer for the commercial business, succeeds Gary Bhojwani, who was named chief executive officer of Allianz Life Insurance Company of North America, a s

The analysis released today by Moody's Investors Service also said that for investors in catastrophe-focused carriers and alternative risk-transfer vehicles, there is promise of good returns after low

"These figures are higher than predicted for the surplus line market and reverse the trend from the previous year," said Ted Pierce, executive director of SLA, adding that in 2005 the SLA experienced

"All involved parties must keep a focused eye on the potential for severe economic dislocation in the United States if meaningful solutions to catastrophic loss from either a natural or terrorist even

Insured losses from Kyrill are estimated between EUR4 billion and EUR8 billion ($5.2 billion and $10.4 billion). Insurance losses from the U.S. winter storms are currently estimated at more than $250 mill

Insured losses from Kyrill are estimated between EUR4 billion and EUR8 billion ($5.2 billion and $10.4 billion). Insurance losses from the U.S. winter storms are currently estimated at more than $250 mill

"Despite increased competitive pressures, our solid 5 percent growth in net premiums written [for the year] continued to outpace industry growth estimates," said Gregory E. Murphy, chairman, president

The 6th U.S. Circuit Court of Appeals in Cincinnati affirmed the judgment of the U.S. District Court for the Western District of Michigan at Lansing that plaintiffs could not establish a private right