Greenlight Capital Re Ltd. plunged the most since 2010 after posting its third-straight unprofitable quarter on stock market losses and poor underwriting.

Damage from Patricia, the strongest hurricane ever measured in the Western Hemisphere, may cost the U.S. billions from floods, even after the storm spared the largest cities in Mexico.

Travelers Cos., the lone property-casualty insurer in the Dow Jones Industrial Average, said third-quarter profit advanced 1% as sales growth accelerated.

American International Group Inc. agreed to sell operations in Central America to closely held Assa Cia. de Seguros, as the insurer continues to sell assets to free up capital.

Axis Capital Holdings Ltd. will cut about 100 jobs and scale back operations in Australia after the reinsurer lost a bidding war for PartnerRe Ltd.

The wildfires ravaging Northern California may be the costliest for the insurance industry in more than two decades by the time the blazes are controlled.

Insurers that have been supporting portfolios with credit risk to counter low interest rates should consider diversifying with alternatives such as private equity, asset manager Conning & Co. said.

Jay Fishman, who engineered the merger between St. Paul Cos. and Travelers Property Casualty Corp. then steered the insurer through the financial crisis and into the Dow Jones Industrial Average, is stepping down as chief executive officer because of his health.