News

The past week of killer tornadoes and severe storm damage in the Midwest is still being assessed for insured loss and has not been designated a catastrophe according to the Jersey City, N.J.-based Ins

The low severity of property-catastrophe hurricane losses since 2006 will result in more favorable pricing for traditional property-catastrophe reinsurance midyear renewals, according to Aon Re Global

The ACE Group of Companies announced that the ACE Foundation - International has made a $1 million contribution to the Red Cross Society of China to support emergency relief efforts following the eart

Its comment came as the firm released a special report, "Hurricane Season 2008: A Desk Reference For Insurance Investors," its annual hurricane season guide. The official start of hurricane season is

Beat Strebel, head of Swiss Re's Latin America operations, said, "Swiss Re is pleased to officially become an admitted reinsurer in Brazil. Swiss Re has a long history of involvement in Brazil with mo

An insurance broker's survey finds little change in the rate of increase for group clients over the past six months as employers shift more of the cost burden onto their employees, the Council of Insu