Property/casualty insurers remained profitable in 2008 despite taking hits from several catastrophes, the recession and the ongoing financial crisis. P/C...
P&C Companies News
North America Group, a privately-held independent insurance agency headquartered in Oklahoma City, is bringing each of its insurance management partners...
The 16-member Federation of European Risk Management Associations (FERMA) issued a statement that it “welcomes the European Commission (EC) Report...
A new industry briefing shows reinsurance rates continuing to increase for the U.S. property-catastrophe reinsurance market for April 1, 2009...
Hartford Financial Services Group said on Friday that it has awarded Chief Executive Ramani Ayer $4.5 million for his 2008...
Standard & Poor’s Ratings Services has affirmed its ‘A-‘ counterparty credit and financial strength ratings on Netherlands-based commercial lines insurer...
The former chief financial officer at a unit of Berkshire Hathaway Inc. was sentenced to 18 months in prison Thursday...
Accounting giant KPMG was hit with a billion-dollar lawsuit Wednesday over claims its “grossly negligent audits” helped trigger the collapse...
Swiss Re has announced cost cutting moves aimed at saving around CHF 400 million ($349 million) “by the end of...
Munich Re announced that it has successfully concluded the acquisition of specialty insurer HSB Group from US insurer AIG for...