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New York's financial regulator has asked Lloyd's Banking Group and Swiss Re for details about dealings linked to Iran as part of a probe into 20 non-U.S. reinsurance firms.

Insurance claims for flood damage in Germany may be as much as $8 billion, catastrophe modelling firm AIR Worldwide said on Thursday, after the worst flooding in a decade.

Hannover Re says it expects to make a profit of around $1.07 billion despite recent flood damage losses in Europe.

Ingenie has selected SAS Office Analytics to enhance its use of telematics data and deliver behavior-based pricing and marketing programs to its customers

Ingenie has selected SAS Office Analytics to enhance its use of telematics data and deliver behavior-based pricing and marketing programs to its customers

Hannover Re is mulling acquisitions but will likely avoid large targets, its chief executive said on Friday.

Hannover Re , the world's third-largest reinsurer, beat analyst expectations for its 2012 net income and dividend on Thursday, helped by moderate damage claims and surging investment income.

In response to the Liability crisis of the mid-1980s, during which capacity halved and premiums doubled, a pair of insurance companies formed to create new coverage solutionsand they ultimately grew into two of the largest insurance players in the world: Ace and XL.