Commercial Lines

The property and casualty sector should see some premium growth in the third quarter, and rate cutting seems to have slowed or even stopped, according to a Keefe, Bruyette & Woods analysis, but the report says that with the weak economy, we continue to have a dim view on growth...

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.

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.

European insurers are financially robust and unlikely to require injections of fresh capital, barring an Italian sovereign default or break-up of the single currency area, analysts said.

European insurers are financially robust and unlikely to require injections of fresh capital, barring an Italian sovereign default or break-up of the single currency area, analysts said.

A federal court judge has preliminarily approved a $725 million settlement agreement announced more than a year ago to resolve a securities class-action lawsuit between American International Group Inc. and Ohio and Florida public pension plan funds.