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David Langdon, vice president with the consulting firm Towers Perrin's reinsurance business out of Hartford, Conn., said that since 2005 insurers have become more prepared for a catastrophic event wit
Chicago-based insurance broker Aon Corp.'s London office said the firm has been awarded a license by the Saudi Arabian Monetary Authority (SAMA) in accordance with the provisions of the Kingdom's Insu
The Zurich, Switzerland-based carrier said the appointment of Mr. Hongler, currently the CEO of Zurich Switzerland, takes effect Jan. 1, 2009 to allow "for a smooth transition to new leadership in Swi
Because consumer protection groups are expected to exert pressure for the introduction of punitive damage provisions once the law takes effect, passage of class action legislation in Italy will affect
Rapid economic growth and increased income in China have increased the country's need for insurance, adding to the importance of information technology for insurers, according to a new report from the
During a conference call today, sponsored by New York-based Marsh & McLennan Companies, the parent of insurance broker Marsh and reinsurance broker Guy Carpenter, Robert F. Howe, global leader of Mars
Sapiens Americas Corporation, a subsidiary of Sapiens International, and IBM announced they will partner with Millbrook, Inc. to provide a new on-demand business intelligence solution. Sapiens
Popular new devices like Apple's iPhone have reignited the debate over "consumerization"--where new technologies are introduced into the consumer market and then brought into the enterprise market--with
"Our heartfelt concern goes out to the government and people of China as they deal with the tragic deaths and destruction from the earthquake in the Sichuan Province," said Maurice R. "Hank" Greenberg
State exposure to last-resort property insurers has grown 12-fold over the 16 years ending in 2006, to a whopping $656.7 billion, according to a new economic study by the Insurance Information Institu
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