Personal Lines

Property-casualty insurers will emerge from the recession with a distaste for equity investments and a renewed focus on underwriting, a leading insurance economist advised an industry group here.

Two groups have named prize winners for research on topics touching on insurance supply in developing economies, emerging market insurance strategies and Takaful insurers.

A new data aggregator estimated today that the insured loss from January's Windstorm Klaus that struck the heart of Europe was more than $2 billion, a lower figure than modelers have projected.

A National Association of Insurance Commissioners (NAIC) climate risk disclosure survey for insurers serves "nakedly ideological ends," an insurance trade group representative said recently in a published paper.

A letter from a congressional committee probing American International Group's use of taxpayers' bailout money reveals that a still-secret company restructuring plan has quietly involved U.S. banking officials.

Liberty Mutual Group reported first-quarter net income of $28 million, a 92.2 percent decrease from the $360 million in net income reported in the 2008 first quarter.

Hartford Financial Services Group Inc. posted a first quarter net income loss of $1.2 billion and said it will respond to the economic downturn by curtailing international sales and changing its variable annuities.

American International Group Chief Executive Officer Edward Liddy under threat of subpoena has agreed to appear before a House committee that wants to know if AIG will need more government bailout money.