News

Losses from catastrophe events declined sharply last year, but were nonetheless at their sixth highest level since 1997. In terms of frequency, the 33 events last year came in second to the 37 in 1998

In a review of the U.S. insurance brokerage industry, James Auden, an analyst with Fitch in Chicago, said the reduction in one time charges, primarily related to the fee investigation, and reduction i

In a review of the U.S. insurance brokerage industry, James Auden, an analyst with Fitch in Chicago, said the reduction in one time charges, primarily related to the fee investigation, and reduction i

Fermat, a Westport, Conn., investment management company specializing in insurance-linked securities, will be using AIR's catastrophe risk model CATRADER and its ALERT online real-time loss estimation

GS Capital Partners' $1.4 billion deal to purchase the USI Holdings Corp. brokerage, while not a shock, reflects the private equity market's interest in the insurance industry and may harbinger more d

"After careful analysis, the special committee and board have endorsed this transaction as being in the best interest of our stockholders," said David Eslick, USI's chairman and chief executive office