Mr. Reilly was praised by Summit officials as a pioneer in using private equity capital to finance mergers and acquisitions in magazine publishing. Indeed, in one of the first private-equity-backed

No matter how many taxpayer dollars Uncle Sam pours into the financial system, the economy will almost certainly be struggling for the foreseeable future. There are no quick-fixes, so insurers and

The Hamilton, Bermuda-based company reported net income dropped $173.5 million to $33 million in the quarter compared to the same period last year, translating into 42 cents a share, a loss of $2.34 a

The New York-based rating service said it placed the Hamilton, Bermuda-based insurer's "A-1" financial strength ratings on its insurance subsidiaries and the "Baa1" senior debt rating on XL Capital Lt

Ms. Colvin was previously chief risk officer for Skandia; group risk director at Royal & Sun Alliance, and director of risk, compliance and internal audit at Pearl Assurance. She has also worked as a

Itasca, Ill.-based insurance broker Arthur J. Gallagher & Co. today declared a regular quarterly cash dividend of 32 cents per share payable on Jan. 15 ...

A group of insurance industry associations from around the world has issued a statement to the International Association of Insurance Supervisors (IAIS) calling for international regulatory cooperatio

The Institute for Business & Home Safety announced yesterday it will build a $27 million multi-peril research facility to identify methods of minimizing natural disaster risks and losses faced by home