Capacity growth appears to have stalled at Lloyds as the economic downturn in Europe and changes in investors risk appetite put the brakes on continued growth, according to a report from Guy Carpenter.

The European Union may have to postpone strict new capital rules for insurers because of wrangling between member countries over the final shape of the new regulations, the official in charge of the project acknowledged on Wednesday.

New York's attorney general should not be allowed to derail a long-delayed $115 million settlement between American International Group Inc shareholders and the insurer's former chief executive, lawyers for the shareholders argued.

Southern Trust Insurance Company has selected the SIMS Claims solution from Systema Software as its new claims management system for the carriers commercial lines of business.