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Skywire Software, a provider of software and services to the insurance industry, announced the spin off of its iWave Integrator integration software into an independent company under the name iWave

Risk Management Solutions (RMS), a provider of products and services for catastrophe risk management, unveiled its new RMS RiskAnalytics operation, a team of analysts to perform catastrophe modeling

The rating agency also pointed to the deterioration of the subprime mortgage market crisis, where both companies insured a significant amount of collateralized debt obligations. It said there will be

The increased assessment was levied in part to cover the shortfall in benefits payments caused by defaulting trusts administered by Compensation Risk Managers, LLC, according to Brian M Keegan, public

Richard Kerr, founder and chief executive officer of the online insurance exchange, said, "In the second half of 2007 rates declined an average of 14 percent. We don't expect similar rate decreases in

Noting that even Bermuda is transforming its regulatory structure to meet international standards, Wilhelm Zeller, chairman of the executive board of Hannover Re in Germany, focused on the issue of U.