Commercial Lines

The Association of British Insurers said it was too early to give figures on insured loss. A storm in Britain in 1987 storm caused 2.2 billion pounds of damage in today's terms.

On Oct. 29, 2012, Superstorm Sandy swept through New Jersey and New York City, leaving behind extensive flood damage, power outages, and displaced people. Click to see images comparing the damage from Sandy one year ago with its present state.

Validus Holdings and Allied World third quarter income was down, while CNA profit was up slightly.

Chubb Corp. reports third-quarter net income of $541 million, a 1.5 percent increase from the same time a year ago, on higher rates and better underwriting.

American International Group has landed XL Groups CEO of North American P&C Insurance operations to be its president and CEO of its Europe, Middles East and Africa region.

Speaking to BHSI President Peter Eastwood, the 6-month-old company plans an aggressive yet responsible entry into targeted lines of businessdiving in rather than doing a cannonball into the sea of the marketplace. Nevertheless, both create waves.