In a review of the results of 16 companies, Benfield said most companies recouped their hurricane losses from 2005 and reported group net income of $11.6 billion in 2006 compared with a loss of $2.1 b

A private equity firm increased its purchase price offer for Hub International Limited by $1.50 a share, raising the price to over $1.7 billion after the insurance brokerage received additional offers

During the session sponsored by Marsh in New York, Mr. Guzy remarked that climate change has caught the attention of insurance regulators who are now requiring company filings to include climate loss

Rejecting criticism from an agents group, insurance regulators said they are actively engaged in the debate over Congress' efforts to limit state authority over insurance and are opposed to those effo

Willis Group Holdings Chairman and Chief Executive Officer Joe Plumeri said his firm will not accept supplemental commissions from insurers if it judges the payments are in reality contingent commissi

Their discussion yesterday during a Web seminar sponsored by insurance broker Aon, Chicago, explained that the products are given impetus by both the expanding use of electronic data and an increase i

Their discussion yesterday during a Web seminar sponsored by insurance broker Aon, Chicago, explained that the products are given impetus by both the expanding use of electronic data and an increase i

"What is most surprising is that while there is an increase in risk, the consensus view is that the market has not turned hard but continues to remain soft," said John Minor, head of emerging markets