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MONTE CARLO, Monaco—Interest in catastrophe bonds is picking up steam as the global financial crisis shows signs of easing and cat bond issuanc
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LONDON—Torus Insurance (Holdings) Ltd. said Monday it has opened a global specialty division in its London-based Torus Insurance (UK) Ltd. unit
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WASHINGTON—Microsoft Corp. has asked the Labor Department for authorization to fund benefit risks through the Vermont branch of its Bermuda-bas
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The U.S. property insurance market experienced mild hardening during the first half of 2009 due to the global financial crisis and past catastrophe l
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MONTE CARLO, Monaco—Lloyd’s of London is restructuring its direct Japanese platform as part of a broader effort to grow its Asian busines
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WASHINGTON—Commercial health insurance companies and administrators of self-funded health care plans would have to pay an excise tax of 35% on
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BURLINGTON, Vt.—The Vermont Captive Insurance Assn. has selected Richard Smith as its new president.
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NEW YORK (Reuters)—American International Group Inc. is interviewing banks this week to manage a planned initial public offering of life insura
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