Zurich-based reinsurer Swiss Re says its subsidiary Swiss Re Capital Markets has placed a $200 million insurance-linked security with the capital markets that has the unique feature of covering the reinsurance exposures of two carriers.

A survey of personal-lines insurance customers indicates that insurers and agents need to focus on the younger generation of buyers to grow market share, or risk losing this generation to online-only writers.

Robert S. Goldstein, former chairman andCEO of the managing general agency BenefitPort Mid-Atlantic, has come out of retirement to launch Unique Insurance Concepts LLC, a Palm Beach, Fla.-based holding company that aims to acquire surety agencies.

Sixteen state insurance agencies failed a national evaluation by the State Integrity Investigation, a private research project sponsored by the Center for Public Integrity, Global Integrity and Public Radio International.

The Financial Stability Oversight Council (FSOC) on April 3 approved the final regulation governing the factors it will use to determine whether an insurer is systemically significant.

Lloyds says record catastrophe losses led to a loss of more than $800 million for 2011 as the specialty-insurance market experienced the largest catastrophe-claims year in its history.

Insurance broker Aon announced April 2 that it has completed the move of its corporate headquarters to London.

Based on a new Government Accountability Office study, the insurance industry and plaintiffs lawyers are renewing their call for passage of legislation that they argue would make the Medicare Secondary Payment program work better.