Buffett said he's fine with writing some cyber policies, but doesn't want to be among the top three in the industry.

Buffett said he's fine with writing some cyber policies, but doesn't want to be among the top three in the industry.

XL is among insurers including AIG and MetLife Inc. that have shrunk allocations to hedge funds after years of high fees and performance that lagged benchmarks.

Brian Duperreault picked a tough year to shore up AIG's underwriting.

The $500 billion reinsurance industry is experiencing a flurry of deal talks.

American International Group Inc. is getting bigger again.

American International Group Inc. is getting bigger again.

The deadliest mass shooting in modern U.S. history is adding to soaring costs for insurance companies, which are already taking a beating this year from an onslaught of hurricanes, earthquakes and wildfires.