News

A hurricane and a typhoon produced significant damage and deaths over the weekend, but insurance losses are expected to be negligible.

Renewable energy will be a driver for growth in insurance premium, at least in Germany where there is firm commitment to the growth of the industry, according to Munich Re.

Property and casualty and life and health insurance companies worldwide are asking the Group of Twenty to differentiate their industries from banks in crafting measures designed to address systemic risk.

A New York state judge ruled that former American International Group Chief Executive Maurice "Hank" Greenberg was liable for damages on a reinsurance contract that the state's attorney general said helped the insurer hide losses.

A pair of surveys about the commercial lines insurance market in the 2010 third quarter revealed that competition remains fierce and that the soft market is still far from over.

NAIC issues medical loss ratio guidelines.