Commercial Lines

The 2011 floods in Thailand were the most expensive flooding on Swiss Re sigma records, but a study of exposures in emerging markets around the world shows that other countries may represent even greater flood risks.

Bolstered by reinforcements, fire crews were focusing Wednesday on building containment lines around the 7-square-mile wildfire that destroyed dozens of homes in the mountains southwest of Denver and may have claimed two lives.

The magnitude 7.1 earthquake that rocked Chile on Sunday is not expected to be a significant insurance loss, while Japan once again experienced a significant quake today that fortunately caused no damage.

The CEO of AIG says American taxpayers will pocket up to $10 billion when the government assistance it received more than three years ago is repaid.

The CEO of AIG says American taxpayers will pocket up to $10 billion when the government assistance it received more than three years ago is repaid.

An analysis of 2011 direct-written premiums and direct-loss ratios for property and casualty insurance makes the case for continued rate increases in the coming year, a financial analyst says.

According to data compiled by SNL Financial LC, Johnston, R.I.-based mutual property insurer FM Global reported a net loss of $32 million for 2011 compared to net income of more than $767 million for the prior year.

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