Reinsurance

But Andrew Castaldi, senior vice president for Americas Hub Swiss Reinsurance Group, based in Armonk, N.Y., said that such funds concentrate too much similar risk in a given area, and end up merely

NEW YORK--Former regulator and trade association president Ernst Csiszar told property-casualty insurance executives gathered here today that their industry is a "cheapskate" when it comes to political

NAPA,CALIF.--U.S. reinsurers voiced opposition here to a National Association of Insurance Commissioners proposal to require all secondary carriers to post collateral for liabilities, regardless of nat

NAPA, CALIF.--Proponents and foes of a larger federal role in insuring mega-catastrophe risk clashed Saturday at a forum here during the annual meeting of the National Conference of Insurance Legislat

While saying the results were "obviously very satisfactory," the company added, "Our insurance business has benefited in a major way from the absence of catastrophe losses. This is not due to manageri

Developer sought additional funds to meet higher standard for rebuilding