U.S. insurers completed a draft proposal on Oct. 10 for a $10 billion government-backed insurance pool that they hope will...
Terrorism News
France’s AXA abruptly announced that it was terminating its insurance coverage of the 2002 Soccer World Cup, scheduled to be...
ING, the Netherlands biggest insurance and financial services group, announced that it was cutting its full year operational net profit...
AIG, the world’s largest insurer by market value, is now expecting $800 million in claims from the World Trade Center...
Risk Management Solutions (RMS), the industry leader in natural hazard risk modeling, announced the release of its newly upgraded company...
The National Association of Independent Insurers (NAII) outlined five specific recommendations to help victims and insurers expedite the claims process...
Contributions to America’s Survivor Relief Fund, created by the Independent Insurance Agents of America (IIAA) and the Independent Insurance Agents...
Moody’s Investors Service downgraded the performance rating of Alleghany Underwriting Ltd.’s Lloyd’s Syndicate 376 form “B-Average” to “C+-Below Average” and...
The idea of creating a federally backed insurance pool to guard against future acts of terrorism is gathering steam on...
A number of global insurers/reinsurers have acknowledged greater exposure to claims related to the destruction of the World Trade Center,...