Asset-driven losses and market volatility are increasing pressure on insurance carriers' earnings, with profitability increasingly dependent on technical earnings rather than investment gains, accordi

"Despite this, the international division produced an excellent result and Benfield Corporate Risk maintained its strong new business growth.," he said. "We have made good progress with our cost savin

Researchers at the Colorado State University Tropical Meteorology Project said yesterday that this year's Atlantic hurricane season is forecast to include nine hurricanes--one more than the team's June

The National Conference of Insurance Legislators, Troy, N.Y., in an Aug. 1 letter sent to every U.S. senator urged the lawmakers to slow down the legislative process so more discussion and debate can

Group net income for the quarter fell 40.5 percent to EUR100.8 million ($154.7 million) from EUR169.4 million ($260 million--a decrease of EUR68.6 million ($105.3 million). For the half-year group net was do

New York-based insurer AIG reported net income fell from $4.28 billion, or $1.64 a share, in the second quarter of 2007 to a loss of $5.36 billion, or $2.06 a share. Consolidated total revenues droppe

Branchville, N.J.-based Selective Insurance Group Inc. announced it has donated $30,000 for flood relief to the Iowa American Red Cross chapters in Cedar Rapids, Waterloo, Des Moines and the Quad Citi

Based on current and projected climate signals TSR said it predicts both Atlantic basin and U.S. landfalling hurricane activity will be 90 percent above the long-term (1950-2007) norm. This compares t