Last month's terrorist attacks against multiple targets in Mumbai could represent an insured loss of up to $600 million for property and liability claims. But while the horrific event might prompt

Aon's move follows the Nov. 20 announcement of the Benfield Corporate Risk brokerage, after the capture of a Saudi Arabian oil tanker by Somali pirates, that it had produced a dedicated and exclusive

Emerging market economies saw the volume of non-life insurance premiums increase by 11.6 percent last year, while the Islamic insurance sector grew by 25 percent, according to new research from Swiss

In a "RISK-i" report on its Cat Central site, the firm noted that sites in the city that were hit included two luxury establishments--the Taj Mahal Hotel and Oberoi Hotel--along with the popular Leopol

American International Group, Inc. announced today it has adopted voluntary restrictions on executive compensation that eliminate management bonuses this year and set Chief Executive Edward Liddy's pa

A state lawsuit that alleged that Deloitte & Touche LLP was negligent in its auditing of the now-bankrupt carrier Reliance Insurance Company has been settled for $40 million, a Pennsylvania official

In another move, AIG was reported to be near completion of arrangements to sell off its aircraft leasing unit, International Lease Finance Corp. in Los Angeles. Spokesperson Peter Tulupman said he cou

In another move, AIG was reported to be near completion of arrangements to sell off its aircraft leasing unit, International Lease Finance Corp. in Los Angeles. Spokesperson Peter Tulupman said he cou