Reinsurance

The firm, a subsidiary of New York-based professional services company Marsh & McLennan Companies, said Mr. Zaffino will continue in the role of nonexecutive chairman. In this capacity, he will work i

Reps. Dennis Moore, D-Kan., and Ginny Brown-Waite, R-Fla., who also introduced the measure in the 109th Congress last year, announced the bill and expressed optimism that it would again be passed by t

Reinsurance broker Aon Re Global, a unit of Chicago-based insurance broker Aon Corp., announced a series of appointments in its newly formed Europe-Middle East-Africa (EMEA) region and in the United K

Mr. Heberton will serve as president and chief executive officer of NLC Mutual, a member-owned reinsurance company supporting 25 individual state risk insurance pools for municipal governments, the fi

That's the view of the insurance industry given the state's new property insurance law, which industry groups argue will put the onus of recovery on the backs of the state--and by extension

Insured losses from Kyrill are estimated between EUR4 billion and EUR8 billion ($5.2 billion and $10.4 billion). Insurance losses from the U.S. winter storms are currently estimated at more than $250 mill

Insured losses from Kyrill are estimated between EUR4 billion and EUR8 billion ($5.2 billion and $10.4 billion). Insurance losses from the U.S. winter storms are currently estimated at more than $250 mill

The report, "U.S. Reinsurance Renewals at January 1, 2007," published by New York-based Guy Carpenter, notes that while soft market conditions prevail in the primary market, the reinsurance market has