Chris Stooke, chief financial officer for Hamilton, Bermuda-based specialty insurer and reinsurer Catlin Group Ltd., will be leaving the firm later this year. His successor has not yet been chosen, the company said.
A survey has found that 82 percent of risk managers believe the insurance industry should change its attitude to be more socially responsibility and cut the cost of "green" coverage products.
Aquiline Capital Partners LLC, the New York-based private equity firm headed by Jeff Greenberg, announced today it has acquired Conning & Co. in Hartford, Conn. for an undisclosed price.
Loss reserves maintained by the property-casualty insurance industry remained strong in 2008 although somewhat decreased from the year before, a research firm reported today.
The Council on Litigation Management (CLM) is sponsoring 250 training sessions this year to help adjusters and risk managers augment existing proficiencies and add new skills.
A unit of the National Association of Insurance Commissioners has adopted a white paper outlining insurance protection concepts for catastrophes that acknowledges insurer and regulator differences.
Maurice Greenberg took the witness stand in Manhattan federal court today to counter charges the company he now heads looted a trust fund set up to pay bonuses to American International Group executives.