The Insurance Council of Australia put that approximate insurable cost figure on the fires that began in early February based on claims received to date, said Kerrie Kelly, Insurance Council chief

"Of all the claims received, approximately 10 percent are for motor vehicles and 90 percent are for building or contents," Kerrie Kelly, chief executive of the Insurance Council, said in a statement.

A copy of the ranking obtained by National Underwriter shows of the other top international brokers, Marsh is followed by Aon at RMB 124 million ($18.25 million), which holds 4.7 percent of the

Daytona, Fla.-based insurance broker Brown & Brown reported fourth-quarter net income increased 1 percent, but the overall year-end results produced a drop in net income of 13 percent primarily on

While commercial insureds will conceivably see requests for double-digit increases for catastrophe coverage as reinsurance rates rise and primary insurers grapple with investment losses, the

Whether you have questions about your personal health or the health of the industry, or are looking for tips on running your business, the National Association of Professional Surplus Lines Offices

Before coming to AIG, Mr. Wisner had retired from the U.S. government with the rank of career ambassador, the highest grade in the Foreign Service. He joined the State Department in 1961 and served

Before coming to AIG, Mr. Wisner had retired from the U.S. government with the rank of career ambassador, the highest grade in the Foreign Service. He joined the State Department in 1961 and served