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Australian consumer watchdog group Choice has named several insurance companies in its annual Shonky Awards, which recognize products and services that the group judges to be dodgy or of highly questionable value.

A list of 2011 disasters that have caused notable insured losses.

QBE Insurance Group says first-half profit increased 53 percent to $673 million, but the insurer's profit margin fell to 11.2 percent from 15.8 percent as catastrophe losses totaled nearly $1.1 billion.

Munich Re and the I.I.I. have released their list of top disasters for the first half of 2011 based on insured losses. We take a look at what made the list.

Munich Re and the I.I.I. have released their list of top disasters for the first half of 2011 based on insured losses. We take a look at what made the list.

Flagstone Reinsurance Holdings said losses from natural catastrophes in Australia during the first quarter are expected to be between $60 million and $80 million, while Validus Holdings said last week’s Christchurch, New Zealand earthquake could cost the company between $25 million and $50 million.

Two years after reporting a dismal $663 million net loss, Swiss Re appears to have rebounded, paying off a $2.6 billion loan instrument and still recording a 74 percent increase in net income for 2010.

Two years after reporting a dismal $663 million net loss, Swiss Re appears to have rebounded, paying off a $2.6 billion loan instrument and still recording a 74 percent increase in net income for 2010.