The 2013 Atlantic hurricane season looks set to go down as a big washout, marking the first time in 45 years that the strongest storm to form was just a minor Category 1 hurricane.

The global insurance group Willis Group has signed up three partners to a scheme that automatically allocates them a slice of business written in speciality areas such as energy or aviation.

The protracted talks on new European Union capital adequacy rules for insurers are likely to be concluded next month, two sources involved said on Thursday.

The protracted talks on new European Union capital adequacy rules for insurers are likely to be concluded next month, two sources involved said on Thursday.

A year ago, Superstorm Sandy became the third-costliest hurricane in U.S. insurance history. An infographic from Allianz shows a timeline of Sandy's trail of destruction.

UBI will represent more than 100 million policies generating $80 billion in premiums by 2020, according to PTOLEMUS.

UBI will represent more than 100 million policies generating $80 billion in premiums by 2020, according to PTOLEMUS.

Staten Island and The Jersey Shore were two of the areas hardest hit by Superstorm Sandy. Here, NU offers a look at how these communities continue to deal with the effects, one year later.