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AIG reports third-quarter profit of $1.9 billion compared to a loss of $3 billion during the same time last year.

Travelers Cos Inc posted a record quarterly operating profit as prices rose and losses from natural disasters fell sharply, the property insurance company said on Thursday.

China's fledgling insurance and reinsurance market cannot meet the soaring costs of natural disasters, but has the data and modeling capability to offload the risk to the private market via insurance-linked securities solutions.

The years of dominance enjoyed by offshore captive domiciles may be coming to an end as more captive formations move onshore into the United States and Europe, says a report from the Insurance Information Institute (I.I.I.).

Tropical Storm Isaac took aim at flood-prone Haiti on Friday but is not expected to become a hurricane until it churns into the Gulf of Mexico early next week, on a path that could see it make landfall anywhere from New Orleans to the Florida Panhandle.

Tropical Storm Isaac weakened slightly as it dumped heavy rain off Puerto Rico and the Virgin Islands on Thursday but it was expected to strengthen into a hurricane before tearing across the Dominican Republic and Haiti, U.S. forecasters said.

Tropical Storm Isaac weakened slightly as it dumped heavy rain off Puerto Rico and the Virgin Islands on Thursday but it was expected to strengthen into a hurricane before tearing across the Dominican Republic and Haiti, U.S. forecasters said.

The years of dominance enjoyed by off-shore captive domiciles may be coming to an end as more captive formations move onshore into the United States and Europe, says a report from the Insurance Information Institute.