Praetorian Financial Group Inc. will take over some of the prime program business from Clarendon Insurance Group Inc. while exploring new programs involving niche automobile risks and other unusual

Net written premium declined about 6 percent for the quarter, coming in at $6.6 billion. The drop did not come as a surprise to analysts, who have seen reinsurers grow wary of taking on too much

Niches range from coastal properties to party equipment to day-care centers

Options timing involves the practice of granting so-called "in the money" stock options to executives as compensation, without putting them at risk of having them turn out to be worthless. The Securit

Standard & Poor's new risk-based capital adequacy model will probably not raise capital requirements overall, but some insurance companies may have to make adjustments as a result, the agency said tod

More than ever, the terrorism threat comes from radical Islamic elements, according to RMS. Meanwhile, other groups, such as those representing Tamil and Nepal dissidents, were said to have lessened t

The move comes in the aftermath of companies such as American International Group Inc. being hit with civil fraud actions for improperly accounting for transactions that authorities said were listed a

Insurers' organizations and consumer groups are gearing up to fight a National Association of Insurance Commissioners resolution endorsing a proposed new federal role for the catastrophe insurance mar