News

The $7 billion reinsurance deal between Berkshire Hathaway and Equitas is terrific news not only for the Lloyd's market, but for the overall insurance community, says NU Editor In Chief Sam Friedman i

Mr. Cazar will report to Ed Clancy, president and chief operating officer of ACE Overseas General. Until then, the company said, Senior Vice President Justo Quintanar will continue to lead the busines

NEW YORK--A change in the make-up of Congress may not help advocates pushing for creation of federal and state catastrophe fund programs, the head of a group campaigning for the concept said at a press

XL Capital Ltd said yesterday that a program of executive training and development for insurance regulators and executives from mainland China is now in its final segment with sessions in Bermuda and

The Seattle-based property-casualty insurer's combined ratio was 88.7 compared to 97.5 in the same period last year. Pretax catastrophe losses came in at $22.5 million compared with $178.1 million in

The Seattle-based property-casualty insurer's combined ratio was 88.7 compared to 97.5 in the same period last year. Pretax catastrophe losses came in at $22.5 million compared with $178.1 million in

CNA Financial Corporation reported third-quarter net income of $311 million, compared with $6 million in the same year-ago span, as strong industry results followed a period of low insured losses from

Should State Farm have paid off the Katrina claims of political big wigs regardless of merit to avoid drawing their wrath in the courts, the media and Congress? In today's blog entry, NU Editor In Chi