Bermuda's reinsurers--following losses of $11.3 billion from Hurricanes Katrina, Rita and Wilma--registered a total 2005 net loss of $2.8 billion compared with a profit the previous year of $5.5 billi

If you want an example of why contract certainty is such a huge issue for the industry, think back to an episode from the classic 1970s sitcom, "The Odd Couple," in which the normally meticulous

St. Paul Travelers Companies, after initially refusing comment, has denied it is in merger talks with Zurich Financial Services Group. The St. Paul, Minn.-based company issued a statement denying

World's biggest sporting event poses multiple risk management