Commercial Lines

As more evidence accumulates that insurers are using less reserves to augment earnings, pressure will mount on underwriting and force carriers to begin raising rates by near double-digit figures in 2012, according to a financial analyst.

As political unrest continues to roil the Middle East, Willis Re today announced the appointment of Atish Suri as Divisional Director of Dubai.

American International Group Inc. said Tuesday it is taking another step toward repaying the government's $182 billion bailout package.

London-based insurance broker Jardine Lloyd Thompson reported year-end profit before tax rose 17 percent despite the demanding economic and pricing environment.

Large insurance brokers do not rate as highly as their smaller, middle-market counterparts when it comes to customer satisfaction, according to a survey of large corporate insurance buyers.

U.S. companies will spend 5 percent more on travel in 2011 than in 2010.