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Insured losses for the United States in June totaled about $200 million due to hail and flooding in the Northern Plains and tornado damage in the Midwest and Ohio Valley, Aon Benfield said.

The Mexican earthquake in early April with effects in California created a loss for insurers estimated at more than $300 million, according to reinsurance broker Aon Benfield.

Aon insurance brokerage said Michael Bungert, chief executive officer of Americas for Aon Benfield, and Dominic Christian, chief executive officer, international for Aon Benfield, will serve as co-CEOs of Aon Benfield reinsurance brokerage.

As April 1 property catastrophe market renewals closed, rates continued the same soft market trend witnessed during Jan. 1 renewals, according to a report from reinsurance broker Aon Benfield.

Aon Benfield said today it has joined forces with a group of leading reinsurers to promote the use of ACORD standards for increased accuracy of data and speed of processing across the global marketplace.

Improved conditions in the investment markets and the arrival of new capacity have significantly increased the capital position of Lloyd's in the first half of 2009, according to a recent report by Aon Benfield.

Improved conditions in the investment markets and the arrival of new capacity have significantly increased the capital position of Lloyd's of London during the first half of 2009, according to a report released today by Aon Benfield.

With the looming prospect of nearly $2 billion in professional liability claim payments, fallout of an alleged Ponzi scheme orchestrated by Bernard Madoff, insurers will likely embark on more careful