Odyssey Re Holdings Corp. reported a 183 percent increase in first quarter gains helped by a sharp increase in net realized investment gains, but warned of a challenging underwriting environment affec

Increased competition in its insurance markets and turbulence in the financial sector were blamed for Richmond, Va.-based specialty insurer Markel Corporation reporting a 66 percent decline in net inc

German-based insurer Munich Re said it has acquired the Roanoke Companies Inc., the holding company of Roanoke Trade Services Inc., a major marine insurance underwriting agency and broker in the Unite

"In a quarter which saw individual risk losses of over $5 billion in the global market and continued turmoil in the credit markets, reporting solid net income of $66.5 million and maintaining a conser