Munich Re, the world’s largest reinsurer, suffered a commensurately large loss in the 3rd quarter of €1.2 billion ($1.05 billion)...
Terrorism News
The U.S. House of Representatives passed the Terrorism Risk Protection Act (HR 3210) by one vote of 227-193 on the...
Maurice “Hank” Greenberg, the CEO of American International Group and Lloyd’s Chairman Saxon Riley met yesterday at a ceremony marking...
At its recent meeting, the National Conference of Insurance Legislators (NCOIL) deferred formal action on proposed amendments to its Personal...
The insurance industry has entered a period of sustained consolidation, both domestically and internationally, as a result of the Sept....
The House of Representatives is expected to consider HR 3210, the Terrorism Risk Insurance Act, this Thursday, Nov. 29. One...
Fitch assigned a rating of ‘AA’ to The Chubb Corporation’s offering of $600 million of new senior debt securities. The...
Lloyd’s revised estimates of the net losses suffered by its syndicates as a result of the destruction of the World...
U.S. Attorney General John Ashcroft has named Kenneth Feinberg, a Washington lawyer and former aide to Senator Edward Kennedy (D-Mass.),...
In the wake of the Sept. 11 terrorism attacks, insurance companies have begun seeking permission from state regulators to exclude...