News

Mr. Norsworthy, 55, was most recently the chief executive officer of Trenwick America Reinsurance Corporation and The Insurance Corporation of New York, a property-casualty reinsurer and insurer, resp

NEW YORK--Reinsurers are entering a hard market, a reinsurance company executive predicted yesterday, admonishing industry peers to get it right this time and to work to sustain whatever level of profi

NEW YORK--Reinsurance market optimists may need to pen up their bullish forecasts a little longer, a representative of global reinsurance brokerage firm suggested at an industry conference here yesterd

NEW YORK--Property-casualty carriers must convince Congress they are far better at risk management than their banking counterparts to avoid onerous federal regulation by lawmakers contemplating expande

NEW YORK--Although tort filings in the United States and the United Kingdom have fallen from a 1980s peak, large-scale corporate litigation could be an emerging trend, Lloyd's warned in a presentation

NEW YORK--An executive with an American International Group subsidiary denied suggestions today that the company is holding onto business by engaging in aggressive price cutting that is prolonging the