The National Association of Insurance Commissioners' proposals to create a new database of insurance industry market conduct information have raised confidentiality concerns from industry representati

In a review of the results of 16 companies, Benfield said most companies recouped their hurricane losses from 2005 and reported group net income of $11.6 billion in 2006 compared with a loss of $2.1 b

Other topics to be discussed will include correlations of evolving hurricane activity and the impact on the insurance industry, alternative risk finance vehicles for the insurance industry, a variety

"This action reflects the board's confidence in the strength of Chubb's financial condition as well as our commitment to manage our capital efficiently," said John D. Finnegan, Chubb chairman, preside

Excluding catastrophe losses, the homeowners' line has a risk level comparable to the commercial auto line. Liability lines including medical malpractice also have significantly above-average volatili

Aon Sweden in Stockholm, a unit of the Chicago-based insurance brokerage Aon Corp., said it has acquired F?rs?kringsUtveckling AB (FUAB), an insurance carrier and brokerage firm specializing in affini

According to the annual sampling of 23 reinsurers conducted by the Reinsurance Association of America, the carriers wrote $25.8 billion of net premium for 2006, compared with $25.3 billion for the pre

"We're going to continue working on this to persuade the members [of the legislature] that this is not an approach that is beneficial to the consumer," promised Jeffrey Brewer, a spokesperson for the