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Under the Companies Act and Generally Accepted Accounting Principles in the U.K., which were adopted by syndicates for the first time in 2005, there is "reduced consistency and transparency of the inf

Standard & Poor's has changed the rating outlooks for Munich Reinsurance Co. and its U.S. affiliate American Re-Insurance from stable to positive and indicated the two firms might qualify for a "doub

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WASHINGTON--The National Association of Insurance Commissioners and insurance industry trade groups are voicing support for legislation aimed at making the National Flood Insurance Program self-support

The action came after last week's order by Japan's financial regulator, Financial Services Agency (FSA), suspending the company from writing property-casualty insurance for two weeks, and the indefini

With the Delaware River rising well above flood stage, New Jersey's Department of Banking and Insurance, with capital offices near the riverbank, closed its Trenton, N.J., facilities for a second day