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According to a study by Aon Re Global, the prospective ROE will stand at 6.5 percent versus 7 percent in 2007, and the firm suggested insurers must raise rates and work on their reinsurance arrangemen

Towers Perrin said the fall of comes because insurers have been hit by equity and credit-related losses on asset portfolios, hurricane catastrophe losses and a spike in directors and officers liabilit

The general insurance industry has experienced limited impact from the credit crisis because of its limited exposure to subprime investments, and few carriers have received negative rating actions, a

The comments were made at a hearing before the House Financial Services Committee on how financial regulation should be restructured to reflect the lessons learned from the current meltdown of financi

Led by newly-appointed Chief Executive Officer Colin Thompson, formerly at Axis Specialty, Argo Financial will underwrite a range of financial products through Heritage Underwriting Agency Limited, wh

Greenwich, Conn.--based insurer W. R. Berkley Corporation said after-tax storm losses would amount to $41 million from Hurricanes Ike, Gustav and Dolly, and wind and hail events in the Midwest. The los