News

Marsh & McLennan said the brother of the CEO at its flagship unit was paid $1.07 million for his last full year with the company.

After golf ballsized hailstones battered vines at Chteau dIssan in Bordeaux for two years in a row, its managing director was in the market for anything that might protect his grapes.

AIG is seeking as much as $507 million through the sale of part of its holding in PICC Property & Casualty Co., Chinas biggest non-life insurer.

American International Group Inc.s Steve Miller plans to relinquish his position as chairman of the insurers board, according to a person familiar with the matter.

Insurers doing business in N.Y. must tell a regulator there about efforts to prevent computer hacking, detailing the precautions taken and the personnel devoted to the task.

In the U.S., this past year has had more than enough reminders of how weather can affect our lives.