The Bermuda Monetary Authority appointed Andrew Gibbs, a chartered accountant and insurer with 27 years of experience in the Bermuda market, as its new director of insurance supervision.

Fitch says it believes Tower's competitive position has been substantially reduced and has material concerns about Tower's ability to maintain current business.

Though many predicted another year of record-setting catastrophic destruction, 2013 passed without even one major hurricane.

Insurance claims professionals will gather this month to assess the impact of past hurricanes and ponder future ones.

Insurance claims professionals will gather this month to assess the impact of past hurricanes and ponder future ones.

A winter storm that could bring as much as 18 inches of snow to some areas is targeting the Northeast today and tomorrow, according to reports.

Summer floods and hailstorms will cost the German insurance industry almost $9.7 billion for 2013, the biggest bill for damages the industry has faced in more than a decade, an industry report shows.

An expected slowdown in plans for cloud deployment due to leaks about the U.S. National Security Agencys surveillance practices did not come to pass, but the leaks have driven changes in service provider security policies, says an article at Computerworld.