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WASHINGTON--Financial services firms, including insurers, are seeing Treasury Secretary Henry Paulson off on his trip to China with a White Paper, which asks him to ensure increased market access to Ch

Gallagher Re and the New York Mercantile Exchange today announced they have reached an agreement allowing NYMEX to list future contracts for real-time electronic trading of property damage risk exposu

As a lead investor, the U.K.-based Brit Insurance subscribed $21.1 million, giving it an overall interest of 19.6 percent of the initial $107.7 million capital. The remainder is owned by international

As a lead investor, the U.K.-based Brit Insurance subscribed $21.1 million, giving it an overall interest of 19.6 percent of the initial $107.7 million capital. The remainder is owned by international

Trevor G. Carvey has been appointed managing director of Harbor Point Re UK. Mr. Carvey, who has a track record as a global marine and energy underwriter, will be responsible for identifying a broad r

"The ratings within the sector support this buoyant view, with 79 percent of insurance ratings assigned a stable outlook or developing CreditWatch listing, 16 percent a positive outlook or CreditWatch

"Companies will now be responsible for all their policies, forcing responsible management of losses and a greater incentive to fight fraud in the marketplace, which means lower rates for drivers," she

With plans to launch a proposed new subsidiary in the first quarter, Max Re said the new company, Max Specialty Insurance Company, will be based in Richmond, Va., and will have offices in Atlanta, San