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Facebook, Twitter, e-mails, blogs, YouTube, Linked-In and Skype - words that we are all familiar with as they permeate our day-to-day lives. Although most social media started out as a recreational concept, its growth and impact is unprecedented in ...

Ratings firm AM Best has affirmed the financial strength rating of A++ (Superior) and issuer credit rating of “aa+” of Bermuda-based Tokio Millennium Re (TMR). The outlook for both ratings is stable. TMR is a wholly owned subsidiary of Tokio Marine ...

Analysts with investment bank Keefe, Bruyette & Woods (KBW) expect more of the same for the property and casualty insurance market next year, with a slow firming trend continuing. Insurers are finding it very difficult to achieve double-digit returns...

MUNICH (Bloomberg) - Property and casualty reinsurance rates won’t increase in January when the industry renews the majority of its annual contracts with clients, the head of Allianz SE (ALV)’s reinsurance arm said. “Rates will probably be flat to a ...

Rates for US commercial insurance business rose by six percent in the third quarter compared to the same time period last year, suggesting sustained momentum in the sector, according to the latest survey from Towers Watson. The global professional s...

Insured building values in the US now exceed $80 trillion - and $15 trillion of the exposures are in counties along the Atlantic and Gulf coasts exposed to hurricane and other coastal hazards, according to an analysis put out yesterday by Boston-base...

Transatlantic Holdings Inc, a unit of Allegheny Corp, has become a minority owner of Pillar Capital Holdings, a Bermuda-based insurance asset manager focused on collateralised reinsurance and catastrophe insurance-linked securities (ILS). TransRe joi...

PARIS (Reuters) — Proposed strict capital rules for European Union-based insurers should be made flexible enough to suit the needs of companies in each EU country, European insurance lobby groups said on Friday. Their comments at a conference in Pari...