New York-based Celent, a member of the Oliver Wyman Group, said other elements that impact the Russian marketplace include the population's mistrust and unawareness of insurance, the propensity of the

Aon Global UK brokerage unit announced it was launching an advanced database Pre-Placement Tool (PPT) that can be used to check and ensure that elements of a global policy meet all regulatory requirem

A risk consulting firm said it is offering a free benchmarking checklist that employers can use to make a case for lower workers' compensation insurance rates by measuring their efforts to improve wor

The firm, which did not disclose the purchase price, said Dill, Joyce & Thresher in Avon, Conn., and the Kernan Agency in Windsor, Con., have combined annualized revenues of approximately $4.6 million

Standard & Poor's Ratings Services has increased its scrutiny of mortgage insurer Financial Guaranty Insurance Company, placing its "double-B" financial strength rating on CreditWatch with negative im

Joe Plumeri, Willis's chairman and chief executive officer of Willis Group Holdings Ltd., said today his firm's $2.1 billion acquisition of Hilb Rogal & Hobbs Company will double its North American re

Two major brokerages--Willis Group Holdings Ltd. and Hilb Rogal & Hobbs Company--announced Sunday they will combine forces in a transaction that Willis said will "double Willis's North America revenue

Indeed, since 2005, insurers have become more capable of absorbing a catastrophic event, thanks to better management of their risk concentration, as well as development of more efficient