In spite of incurring $88 million in pre-tax catastrophe losses, Bermuda-based ACE Limited reported a 13 percent increase in second-quarter net income yesterday with a 21 percent jump in investment in

Increased central assets, declining calls on the central fund and the effective resolution of Equitas have all enhanced the minimum security offered by Lloyd's for all syndicates, the Moody's study sa

Yesterday, the Daytona Beach, Fla.-based insurance broker reported second-quarter net income grew $7.6 million to $52 million from the same period last year. Earnings per share increased 5 cents to 37

"Claims departments have been historically reluctant to adopt technology solutions, perceiving technology as incapable of duplicating the decisioning process of an experienced claims adjuster," said T

"Claims departments have been historically reluctant to adopt technology solutions, perceiving technology as incapable of duplicating the decisioning process of an experienced claims adjuster," said T

Property-casualty underwriting profit rose 59 percent, or $96 million, to $232 million, with the $124 million of favorable development more than offsetting $30 million of pre-tax losses incurred for c

NCOIL's Executive Committee passed a resolution opposing the Insurance Industry Competition Act, which would repeal the anti-trust exemption of the McCarran Ferguson Act, the 1945 federal law authoriz

Arthur J. Gallagher reported second-quarter net income rose 20 percent over last year, which the insurance brokerage's chief executive credited to the writing of new business and a high retention rate