Hamilton, Bermuda-based insurer Arch reported 2007 fourth-quarter net income fell 2 percent, and management said the company's loss exposure from subprime mortgage investments and risks it covers is m

New York-based Marsh & McLennan Companies Inc. reported its fourth-quarter net income dropped 62 percent as soft market conditions and loss of investment revenues weighed heavily on performance, but t

Fourth-quarter net income dropped to $184 million, off by $14 million. At 97 cents a share results were off 1 cent from the same period in 2006. Revenues grew 3 percent, or $40 million, to $1.4 billio

During an analyst's conference call, Mr. Brown said the firm expects to see prices continue to fall through a good part of next year, as underwriters continue to make a profit with low severity exposu

Overall commercial insurance price cuts moderated a bit in January--particularly for directors and officers and other professional liability lines in reaction to the subprime crisis, according to the

A federal judge in Louisiana threw out a class-action lawsuit against the U.S. Army Corps of Engineers for failure to properly construct and maintain the New Orleans levee system that broke and

Three leading Bermuda-based carriers recapped a challenging year in 2007 with their fourth-quarter reports last week, as the fallout from the subprime mortgage crisis and a deepening soft market

The Chicago-based insurance brokerage firm defied the general trend among public brokers so far this reporting period and reported increased organic growth of two percent in its brokerage unit for the