News

The reinsurance segment of Aspen Insurance Holdings Ltd. says it has formed a new division, Aspen Capital Markets.

The insurance industry is facing a talent crisis.

Munich Re has sold a $500 million catastrophe bond to protect two North Carolina underwriting associations against hurricane losses, as insurers increasingly choose to cover risks with bonds rather than buying traditional reinsurance.

Munich Re has sold a $500 million catastrophe bond to protect two North Carolina underwriting associations against hurricane losses, as insurers increasingly choose to cover risks with bonds rather than buying traditional reinsurance.

Insurance losses for 2012s summer derecho storms in the Midwest have reached $845 million in Ohio, nearly double the Ohio Insurance Institute's initial estimate of $440 million.

Over 1,000 members of The Independent Insurance Agents & Brokers of America descend upon Washington D.C. this week to press their Congressional representatives on an agenda of issues affecting producers.