Hamilton, Bermuda-based insurer XL Capital Ltd. reported a loss in net income of over $1 billion in line with its previously announced move to write-down charges of $1.5 billion for its holdings in cr

The Hamilton, Bermuda-based company reported net income dropped by $93 million to $572 million for the fourth quarter compared to 2006. Net income per share fell 30 cents in the period to $1.69. Gross

Insurance premium prices moderated a bit in January, with a slight increase in directors and officers coverage and other professional liability lines in reaction to the subprime crisis, according to a

The company reported that consolidated net income in the fourth quarter compared to the same period in 2006 was down by $198 million to $101 million. Earnings per share dropped $18.15 a share to $9.55

The Pembroke, Bermuda-based insurer reported net income rose by $25 million in the fourth quarter to $315 million, or $1.89 per share, a 20 cent a share increase from the same period last year. The co

Brian Duperreault, 60, will receive a base salary of $1 million and bonus of not less than $2.25 million for 2008, MMC said in a Securities & Exchange Commission filing. The New York-based services fi

The "Get Real Time" campaign launched last year, dedicated to improving the competitiveness of the independent agency distribution channel, offered eight New Year's resolutions--four for agents and

Brian Duperreault, who helped build a behemoth in Bermuda as chief executive officer of ACE Ltd. after over two decades at AIG, was tapped last week to help turn around another industry giant--Marsh