George Pieler and Lawrence Hunter, senior research fellows at the IPI think tank, which has offices in Dallas and Washington, D.C., released a statement calling for officials to adopt a hands-off appr

The $800 million-plus sale of Hannover Re's U.S. subsidiary Praetorian Financial Group Inc., New York, to the Australian QBE Insurance Group Ltd., Sydney, was closed yesterday after regulators gave ap

The program for the multicountry disaster facility includes a combination of traditional excess of loss reinsurance and a funded cat swap derivative agreement. This will cover parametric insurance pol

Alea Group, a Bermuda-based insurer that has been in runoff since late 2005, said Fortress Investment Group plans to go ahead with plans to buy the company, in spite of a shareholder vote not to proce