The highest-paid risk management position, at nearly a quarter of a million dollars, is chief risk officer/vice president-risk management, nearly five times what the lowest paid position of claims ana

Lloyd's today released an interim report showing before-tax profit of ?949 million ($1.88 billion) for the six-month period ended June 30, compared with ?1,807 million for the same period in 2007 ($3.

"It is incumbent on our industry to acknowledge the changing climate and the risks it poses to the business community and to ensure that policymakers consider measures for adapting to, and mitigating,

An independent agent group does not foresee a "domino effect" from the AIG situation, while an insurance company association in favor of optional federal charters is calling for more effective regulat

Reinsurers of U.S. hurricane risk will play an important role in covering the losses of Hurricane Ike, which battered the Texas coast on Saturday, causing estimated insured property damage between $6

Rising sea levels and changing weather patterns could mean a doubling of insurance losses for properties in coastal areas by 2030 unless high-risk areas adapt by implementing aggressive mitigation

Reinsurance prices should remain stable or even continue to fall next year--that is, unless another major catastrophe or the subprime mortgage crisis drains too much capital from the market, according

MONACO--Ratings agencies here said they are not overly concerned about the shrinking number of reinsurance brokerages, but Lloyd's chief executive officer expressed uneasiness over announced merger pl