Prior to joining Guy Carpenter, Mr. Carless, 51, spent 18 years with Benfield Australia. During his time with the company, he served on the group board for 10 years, among other appointments. From 198

"While the company also affirmed that its policy is to avoid any comment on, or response to, market rumors or speculation, the factual and definitive manner in which the reports were made, both nation

Broker promises fee disclosure, plus

In a major setback for insurers, a federal district court judge has ruled that a state court should hear a suit brought by Mississippi officials over property-casualty insurer denials of Hurricane

The question, posed to RMS President and CEO Hemant Shah, was whether Katrina was a "tail event"--one with a low probability of occurrence, plotted at the far right or tail-end of curves, known as

The House Financial Services Committee voted last week to approve legislation that would increase the borrowing authority for the National Flood Insurance Program, as well as implement several

Katrina's lessons extend beyond modelers, to rating agencies and

CFO Gallagher calls New York bid-rigging settlement insufficient for his