Tokio Marine Holdings said it will acquire Philadelphia Consolidated Holding Corp. for $4.7 billion, topping the deal value of the Japanese insurer's last mega-deal, the acquisition of Kiln Ltd. for

In its recently published report "Insurance Firms: The Missing Link in the Sovereign Wealth Fund Acquisition Spree," Deloitte highlighted, in addition to China, the operations of the Sovereign Wealth

Japanese insurer Tokio Marine Holdings said last week that it will acquire Philadelphia Consolidated Holding Corp. for $4.7 billion, marking the biggest deal value for a U.S. specialty

Jeffrey Chesky, Insuritas president and chief executive officer, said full financial details were not being released but Tennant is now a shareholder. He would not divulge their percentage but said th

Still management said it was exceeding profitability goals in its property-casualty operations, which allowed Allstate to cover $698 million in second-quarter catastrophe losses--the highest in its 77

Judge Michael Manners in Jackson County Circuit Court, Independence, Mo., dismissed the fines Wednesday following a settlement agreement two weeks ago of a lawsuit which touched off a legal battle ove

Tom Larsen, Eqecat vice president, said his firm did not expect a lot of damage to natural gas well platforms in the Gulf of Mexico near the Texas coast because they were above the level of waves, whi

Japanese insurer Tokio Marine Holdings Inc. (TMHD) said today it will acquire Philadelphia Consolidated for $4.7 billion, and analysts saw the transaction as a good deal for the Bala Cynwyd, Pa.-based