News

Insurers in Arkansas have yet to be able to get to some of the areas most affected by tornadoes and high winds on Monday.

First-quarter net income for Bermuda-based Arch Capital Ltd. dropped to $19.3 million from $210.5 million a year ago during the same time due to $178.7 million in catastrophe losses.

Analysis reveals a 15-percent increase in BI and PIP claims over the past 2 years, as well as a 17-percent increase in QCs that same period.

Analysis reveals a 15-percent increase in BI and PIP claims over the past 2 years, as well as a 17-percent increase in QCs that same period.

ACE Ltd. is the strongest Bermuda-based insurance company, according to data released by the Association of Bermuda Insurers and Reinsurers (ABIR).

As political unrest envelops North Africa and the Middle East, a global-insurance broker says insurers are reviewing their appetites for political coverage—at a time when multinational companies are being encouraged by events to perform their own risk review.