Despite living in this era of globalization it is still tough for a global corporation to have a recognizable identity throughout the world among its employees, clients and the communities they live in.

Insurance brokers have reported mixed results for 2011s third quarter, with Willis Group Holdings PLC posting an 8 percent decrease in net income; Arthur J. Gallagher posting a 14 percent increase; and Aon Corp. reporting a 38 percent increasebut facing questions from financial analysts over the performance of its consulting...

Officials in Thailand say insurance losses from months of flooding could cost insurers greatly, with some estimates running as high as $13 billion as floods reached industrial zones.

Third-quarter results are rolling in, and the theme remains the same as it has been throughout the year: Catastrophe losses are dragging down profits.

Insured losses from a magnitude 7.2 earthquake that struck eastern Turkey on Oct. 23 are estimated between $55 million and $200 million, according to two catastrophe-modeling firms.

Three major insurance brokers announced acquisitions this week, with two taking place in the Midwest and one each on the East and West coasts.

Three major insurance brokers announced acquisitions this week, with two taking place in the Midwest and one each on the East and West coasts.

Despite the significant amount of catastrophe losses and stress from the weak economic conditions, the insurance industry could be on the cusp of taking off as the demand for the industrys risk expertise continues to grow, the chief executive of Willis Group says.