News

Two Bermuda-based companies, Max Capital Group and Harbor Point Limited, announced that they agreed to merge last night, creating a global insurance and reinsurance enterprise with total capital of $3 billion.

President Obama launched the end game on health care reform legislation today, saying he wants a vote on a bill in Congress by the end of the month.

Rising global temperatures may increase the severity of storms to hit Europe, warns Peter Hoeppe, who heads Munich Re's Geo Risks Research Department.

AIR Worldwide catastrophe risk modeling firm said the latest picture of earthquake damage in Chile's hardest-hit regions reveals that business interruption will be significantly extended.

Health insurance premiums are driven by health care costs that must be addressed before premiums can be brought under control, health care industry executives told the President today.

The Independent Insurance Agents & Brokers of America has given Rep. Mike Ross, D-Ark., the organization's Gerald Solomon-IIABA Legislator of the Year award.