News

Catlin has formed an alliance with China Reinsurance Corporation that will inject Chinese funds into the Lloyd's of London market and line the British insurer up to access opportunities in Asia.

LexisNexis Risk Solutions has entered into a definitive agreement to sell its insurance software solutions business to the San Francisco-based private-equity firm Genstar Capital.

It is unnecessary for P&C insurance companies to be overseen by the Financial Stability Oversight Council as potentially systemically significant, and Congress should move to take away that authority, NAMIC contends.

The energy market is difficult to read, says a new report by Marshso much so that one official classified current conditions as a harft market.

Moody's Investors Service has downgraded Republic Mortgage Insurance companys (RMIC) insurance financial strength rating to Caa2 from B1, citing continued deterioration at the troubled company.

Underwriting risks are typically not linked to the economic business cycle and financial market risks. Therefore, traditional insurance companies do not pose a systemic risk, concludes a new report by the International Association of Insurance Supervisors.