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.

Argo Group International Holdings says 2011 fourth-quarter net income was down 89 percent while fellow Bermuda-based insurer and reinsurer Arch Capital Group says net income fell 40 percent during the last quarter.

Argo Group International Holdings says 2011 fourth-quarter net income was down 89 percent while fellow Bermuda-based insurer and reinsurer Arch Capital Group says net income fell 40 percent during the last quarter.

The government in Thailand is looking to establish what would be the largest excess-of-loss property catastrophe treaty in the worlda catastrophe fund equipped to cover losses of up to $16.2 billion.

The government in Thailand is looking to establish what would be the largest excess-of-loss property catastrophe treaty in the worlda catastrophe fund equipped to cover losses of up to $16.2 billion.

The insurance industry needs to not just ride the rising tide" of rate increases but rather focus on new drivers of today's economic recovery in order to tap growth opportunities, says a leading industry observer.

International filming locations, motorcycle riding by its Oscar-nominated actress, and physical scenes made The Girl with the Dragon Tattoo the riskiest film for Firemans Fund to insure in 2011.

Insurance Commissioner Jim Donelon says the states last-resort insurer has some options left in its pursuit to either stop or negotiate down a hefty multimillion-dollar judgment against it.