The Branchville, N.J.-based insurer said catastrophe losses, primarily from Hurricane Ike in the Midwest were about $8.3 million. The impact from catastrophe losses will translate into a loss of 16-ce

New York State Insurance Superintendent Eric Dinallo and Hector Sants, chief executive officer of the United Kingdom's Financial Services Authority said they have signed a memorandum of understanding

XL Capital Ltd, in a preliminary third quarter 2008 announcement, said it expects a net loss to ordinary shareholders of between $1.65 billion and $1.67 billion, compared to net income of $328 million

In a statement, Patrick W. Kenny, the current IIS president and CEO, said that in founding IIS, Mr. Bickley's "idea was ahead of its time, anticipating the importance of globalization of the industry.