Swiss Re, announcing what it called a move to "capture efficiency gains" following its purchase of GE Insurance Solutions, said yesterday it will reduce its global work force by 2,000 through layoffs

Michael C. Lobdell, a former managing director of New York-based JPMorganChase, will join Hamilton, Bermuda-based insurer and reinsurer XL Capital Ltd as chief executive-global business services, the

The larger second phase of layoffs will be completed in the next four months, with an overall work force reduction of up to 2,000 positions that will be completed by the end of 2007, the reinsurer

Patni Computer Systems has been selected by insurance software solution provider InsureWorx to supply resources and services for quality assurance testing, software maintenance, and implementation

Canadian business is vulnerable to climate change and the increasing frequency and intensity of natural catastrophes, Lloyd's Chairman Peter Levene warned in a speech to the Vancouver Board of Trade t

At the hearing on insurance regulation reform Sen. Richard Shelby, R-Ala., chairman of the committee, questioned Alessandro Iuppa, representing the National Association of Insurance Commissioners, abo

Florida's Panhandle region, currently exempt from hurricane-resistant building requirements, should be required to adopt the tougher building codes required elsewhere in the state, an insurance trade

The Professional Insurance Agents of New York released its fourth annual online company survey that asked agents to rate carriers on seven areas of performance: products and pricing, treatment of agen