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Marsh & McLennan Companies Inc. said it will pay a quarterly dividend of 20 cents per share on outstanding common stock, payable on May 17 to shareholders of record as of April 9.
Montpelier Re Holdings Ltd. said losses from the recent Chilean earthquake will likely be between $75 million and $100 million, net of reinstatement premiums, based on a preliminary estimate.
The New York Insurance Department reported that state residents insured through health maintenance organizations are seeing their premiums go up an average of 17 percent this year.
Swiss Re said worldwide natural catastrophes and man-made disasters, which killed 15,000 people last year, cost insurers $26 billion, $26.5 billion less than the firm reported for 2008.
The National Equipment Register (NER) announced the launch of a new Web site as part of its effort to help owners and insurers fight heavy equipment theft.
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