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Increased central assets and other factors have all enhanced the minimum security offered by Lloyd's of London for all syndicates, but a key component is underwriting discipline, Moody's Investors Ser
The company, which is currently not writing new home insurance business in the state, said it sought an increase from the State Office of Insurance Regulation to "cover the expected costs of loss and
Ms. Nora Johnson previously was vice chairperson of The Goldman Sachs Group Inc. until she retired in 2007. She had been with Goldman Sachs for over two decades, holding positions such as head of the
WASHINGTON--Insurance industry officials are voicing strong opposition to legislation approved earlier this week by a House subcommittee that would abolish use of arbitration agreements in consumer, fr
For the second time since spring, Lloyd's Chairman Lord Peter Levene has met with a U.S. governor to discuss global warming initiatives and other industry issues, but the meetings were coincidental, n
The findings were reported by Independent Insurance Agents & Brokers of New York Inc. in their latest study of insurers' performance in a poll that drew responses from 261 agency principals who were i
As a whole, for the second quarter Winston-Salem, N.C.-based BB&T reported net income dropped by $30 million, to $428 million. This translated into a 5 cent decline in earning per share to 78 cents a
London-based Aon insurance brokerage announced that Mark Chessher, a finance executive at Zurich Financial Services, has been appointed chief financial officer for Aon Limited and Aon Risk Services (U
"Even as we see this continued decline in rates, there are a number of factors adding some stability to the reinsurance markets," Chris Klein, Global Head of Business Intelligence, Guy Carpenter, sai
Zurich Participac?es also entered into a long-term exclusive distribution agreement with Banco Mercantil for the distribution of life and general insurance products of Zurich Brasil Seguros S.A. and t
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