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In a statement expressing its position, RIMS said, "Without the stability offered by a permanent long-term solution, our members are faced with an uncertain and costly marketplace that is not equipped

John Reynolds, vice president of new business for Waterloo, Ontario, Canada-based Intelligent Mechatronic Systems Inc. (IMS), said insurers who develop "Pay As You Drive Insurance" programs could plac

KBW is the most bullish on the commercial lines sector, with its greater potential for mergers and acquisitions activity and less catastrophe exposure. It remains cautious on the auto market and neutr

Hannover Re said it has established Hannover ReTakaful, B.S.C., in Manama, Bahrain, a wholly-owned subsidiary, for worldwide underwriting of retakaful reinsurance business written in conformity with I

Hannover Re said it has established Hannover ReTakaful, B.S.C., in Manama, Bahrain, a wholly-owned subsidiary, for worldwide underwriting of retakaful reinsurance business written in conformity with I

Net income for 13 major U.S. reinsurers rose to $6 billion for the first nine months of 2006, improving from a breakeven position in the comparable period last year as their industry reaped the benefi