Asset-driven losses and market volatility are increasing pressure on insurance carriers' earnings, with profitability increasingly dependent on technical earnings rather than investment gains, accordi

The National Conference of Insurance Legislators, Troy, N.Y., in an Aug. 1 letter sent to every U.S. senator urged the lawmakers to slow down the legislative process so more discussion and debate can

Group net income for the quarter fell 40.5 percent to EUR100.8 million ($154.7 million) from EUR169.4 million ($260 million--a decrease of EUR68.6 million ($105.3 million). For the half-year group net was do

Marsh & McLennan Cos. will be eliminating 900 positions, the majority being in the third quarter of 2008. The second-quarter net income has decreased 63 percent compared with 2007; it is now $65 million compared to $177 million last year. The net