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The U.S. Department of Justice said it will not challenge a proposal to form a consortium to offer business insurance policies to large companies.
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President-elect Barack Obama continues to say that the wealthiest Americans “can pay a little more,” signaling a likely increase in taxes for those m
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BALA CYNWYD, Pa.—Philadelphia Consolidated Holding Corp. said Monday it has finalized its merger with Tokio Marine Holdings Inc. The $4.7 billion dea
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LONDON—Hiscox Insurance Co. Ltd.'s financial strength rating was raised to A from A- by Standard & Poor's Corp. on Monday. S&P analysts also said the
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LUXEMBOURG—The European Captive Insurance and Reinsurance Owners Association elected a new board of directors as its annual general meeting held on N
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PEMBROKE, Bermuda—PartnerRe Ltd. increased its Hurricane Ike claims estimate by $115 million Monday, bringing its total losses to approximately $305
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Twenty U.S. reinsurers surveyed by the Reinsurance Assn. of America reported a 104.2% combined ratio for the nine months ended Sept. 30, compared wit
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