News

Swiss Re unveiled a new leadership structure, including a new chief risk officer and chief operating officer, designed to strengthen the company's core capabilities and market presence.

Aon Corporation has completed its acquisition of Hewitt Associates, Chicago-based broker Aon announced.

Moody's Investors Service affirmed American International Group's (AIG) A3 long-term issuer rating and negative outlook, reflecting the rating agency's concerns about the possible end of government support for the insurer.

With the complexities involved in regulating insurance at the state level, National Underwriter Associate Editor Mark Ruquet said in a recent column that the regulatory system

The lack of certainty in regulation is one of the biggest challenges facing the global insurance and reinsurance industries, Lloyd's Chief Executive Richard Ward warned here.

Marsh & McLennan Agency remains on track to be a "significant player" in the brokerage business and is primed for additional growth plans, its chief executive said.