In addition to GE Insurance Solutions, Mayor Bloomberg wrote last week to St. Paul Travelers, Employers Insurance of Wausau, Zurich American Insurance Company, Royal & Sun Alliance USA and Allianz Ins

"The issuance of hybrid securities is a very cost-competitive source of long-term capital for Validus," Ed Noonan, chairman and chief executive of the Bermuda-based carrier, said in a statement. The c

Starr International Co., led by ousted American International Group Chairman Maurice Greenberg, filed suit against AIG yesterday, claiming the insurer mismanaged a settlement with regulators, a Starr

"It is based on rules that do not properly reflect the economic value of insurers' assets and liabilities. It does not take sufficient account of underwriting and investment risks, and it fails to giv

The Solvency II framework for insurers being developed at the initiative of the European Commission is not, in Moody's view, aimed at strengthening the industry's capital base. But rather, it is "more

Opponents of the new financial reporting requirements for mutual companies approved at the National Association of Insurance Commissioners summer meeting here said the measure will face tough

The London-based company set up to reinsure and run-off pre-1992 Lloyd's non-life liabilities also said its solvency margin fell from 12.2 percent to 12.0 percent. That figure represents retained

The Hartford announced last week that it had reached an agreement with Equitas and all Lloyd's syndicates reinsured by the run-off entity to resolve all reinsurance payment disputes, although the