The Zurich, Switzerland-based insurer said the figure is a preliminary estimate that is net of reinsurance recoverables and includes reinsurance reinstatement premiums. The estimate comprises approxim

Insurer W.R. Berkley reported a net loss of $28 million for the third quarter of this year, continuing a trend among insurers seeing losses from the combination of catastrophe claims and investments g

Arthur J. Gallagher reported that third-quarter net income dropped 27 percent thanks to soft market pressures, but the insurance broker's chief executive said the firm performed well in spite of the c

The new estimate, made by Risk Management Solutions (RMS), includes $2-3 billion from inland wind and flood losses and $1-3 billion in offshore losses, but does not include losses covered by the