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Third-quarter results are rolling in, and the theme remains the same as it has been throughout the year: Catastrophe losses are dragging down profits.

Accenture has unveiled its integrated property & casualty software suite to create a comprehensive platform for the insurance industry. The integrated suite brings together Accenture Claim Components and Accenture Duck Creeks policy software, including rating and product configuration components.

Accenture has unveiled its integrated property & casualty software suite to create a comprehensive platform for the insurance industry. The integrated suite brings together Accenture Claim Components and Accenture Duck Creeks policy software, including rating and product configuration components.

Everyone in the property-and-casualty sphereand the insurance universe more generallyknows that of all the problems we face, one of the gravest centers around the question of succession.

Catastrophes caused significant 2011 first-half underwriting losses for U.S. property-and-casualty insurers, driving the industrys net income for that time period to $6.9 billiondown 67 percent relative to the year before, according to an A.M. Best special report.

The never-ending search for a silver bullet that will generate growth and put more money into company coffers during a soft market has led some specialty carriers to rethink the entire wholesale-distribution system.

Andy Ray, an underwriter for Midlands Management Corp., is accustomed to being flexible when it comes to serving clientsflexible in the most literal sense. Hes worked on policies insuring commercial vehicles that have had their drive shafts transferred from the vehicles left to right side for Indias...

HSBC Holdings has approached the top three property-and-casualty insurers in Japan about the sale of its non-life insurance business, which could fetch more than $1 billion, sources close to the matter said on Thursday.