Lloyds of London, the worlds oldest insurance market, reported its biggest annual profit in four years as natural catastrophe claims declined.

Swiss Re Ltd., the worlds second- biggest reinsurer, said losses for the global insurance industry from natural catastrophes and man-made disasters fell 44% last year amid a quiet Atlantic hurricane season.

Swiss Re Ltd., the worlds second- biggest reinsurer, said losses for the global insurance industry from natural catastrophes and man-made disasters fell 44% last year amid a quiet Atlantic hurricane season.

Gartner predicts 30-fold increase in Internet-connected devices will affect how supply chains operate.

Gartner predicts 30-fold increase in Internet-connected devices will affect how supply chains operate.

New York Citys construction industry in 2011 alone cost the city and state approximately $500 million because employers misclassified the type of work their employees did for the purpose of paying workers compensation premiums.

International rating agency Standard & Poor's has removed Generali from its Credit Watch list after ascertaining that Italy's biggest insurer would not exhaust its regulatory capital even if its home country were to default on its debt.

After dropping to unnaturally low levels during the 2008 financial crisis, mergers and acquisitions activity appears set to increase in volume over the next one-to-three years, a recent survey suggests.