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Its been almost 100 years since the Titanic sank, and although risk management and technology have improved the odds, the maritime industry still faces unique challenges.

Its been almost 100 years since the Titanic sank, and although risk management and technology have improved the odds, the maritime industry still faces unique challenges.

Allied World Assurance Co. Holdings says David Bell, chief operating officer, is leaving the company to pursue other interests in Montana. The news comes a day after Alleghany Corp. and Transatlantic Holdings Inc. announced the closing of their merger deal.

Allied World Assurance Co. Holdings says it nearly doubled fourth-quarter net income but the Switzerland-based companys net income for the year was more than halved.

Bermudas Endurance Specialty Holdings and Argo Group International Holdings have released Thailand-related losses of up to $111.5 million in total.

Transatlantic Holdings Inc. leads the latest group of insurers reporting losses related to the flooding in Thailand, with an expected $72 million hit to fourth-quarter results.

In such an eventful year, with dozens of compelling stories as strong contenders, determining the Top 10 of 2011 was no easy task. But, after a lot of laborand internal debatewe feel the final list weve put together successfully captures the essential news of the past 12 months.

In such an eventful year, with dozens of compelling stories as strong contenders, determining the Top 10 of 2011 was no easy task. But, after a lot of laborand internal debatewe feel the final list weve put together successfully captures the essential news of the past 12 months.