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NEW ORLEANS—EQECAT Inc. has lowered its damage estimate for Hurricane Gustav after the storm came ashore weaker than expected. The Oakland, Calif.-ba
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NEW YORK—Marsh & McLennan Cos. Inc. Tuesday denied media reports that it planned to outbid rival Aon Corp. for London-based reinsurance brokerage Ben
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NCCI Holdings Inc. reported Tuesday that workplace homicides and assaults are continuing a downward trend. Homicides dropped 25% between 2000 and 200
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The Reinsurance Assn. of America reported Tuesday that a group of 20 U.S. property/casualty reinsurers posted a $72.8 billion policyholder surplus fo
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LONDON—Royal & SunAlliance Insurance Group P.L.C. has announced that Bridget McIntyre will step down as U.K. chief executive officer. Ms. McIntyre, w
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The PMI Group, a provider of financial products for residential mortgages, public finance obligations and asset-backed securities, has signed a defin
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Commerzbank has agreed to buy Dresdner Bank from Allianz in a E9.8 billion deal. According to media reports, this deal will result in the elimination
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Conseco Insurance Company has announced the availability of its new, indexed universal life insurance product, ConsecoLifeOptions. The policy is clai
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