Professional services firm Marsh & McLennan Cos. reports 2011 fourth quarter net income increased 26 percent, as both its risk and insurance and consulting divisions reported positive growth.

Professional services firm Marsh & McLennan Cos. reports 2011 fourth quarter net income increased 26 percent, as both its risk and insurance and consulting divisions reported positive growth.

The government in Thailand is looking to establish what would be the largest excess-of-loss property catastrophe treaty in the worlda catastrophe fund equipped to cover losses of up to $16.2 billion.

The government in Thailand is looking to establish what would be the largest excess-of-loss property catastrophe treaty in the worlda catastrophe fund equipped to cover losses of up to $16.2 billion.

Organizations from a number of states representing various industries formed 69 captive insurance companies in Utah in 2011, according to the states captive insurance director.

Organizations from a number of states representing various industries formed 69 captive insurance companies in Utah in 2011, according to the states captive insurance director.

The insurance industry needs to not just ride the rising tide" of rate increases but rather focus on new drivers of today's economic recovery in order to tap growth opportunities, says a leading industry observer.

In spite of continuing soft market conditions, both median organic growth and EBITDA for privately held insurance agents and brokers were up slightly from 2010.