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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

While Aon's stock is within 2.6 percent of Merrill's price objective of $38, and in a comparable brokerage and consulting firm it would allow it to raise its price target modestly, Merrill said it did

Many firms, he observed, "are already doing this by default, but not in a manner where people can study it or critique it." Actuaries have the tools to help develop the ERM process, but it requires a

Many firms, he observed, "are already doing this by default, but not in a manner where people can study it or critique it." Actuaries have the tools to help develop the ERM process, but it requires a

Kroll risk consulting company, a Marsh subsidiary, said it has sold its international high-risk asset and personnel protection division, Kroll Security International, to Garda World Security Corp, in

WASHINGTON--The Senate Banking committee's incoming chairman said the panel will work to establish a permanent federal program to backstop insurers against terrorism risk rather than renewing the Terro