Property-and-casualty insurance companies are seeing leaner profits because of recently high catastrophe losses, but they continue to have solid capital positions, Moody's Investors Service said Monday. Moody's said second-quarter profits for publicly traded P&C insurers were generally lower than a year ago because of losses from hailstorms, ...

Despite much of the doom and gloom being reported about the insurance industry lately, what with AIG and its ongoing trails and tribulations regularly splashed across headlines everywhere, the industry can hold its head high today after a number of its businesses were named to Inc. magazine's Fastest Growing Companies. ...

(Reuters)—New issues of insurance catastrophe bonds should rapidly rebound to pre-financial-crisis highs as securities markets stabilize, insurance broker Aon Benfield said Monday. Investors are showing sustained interest in so-called cat bonds, which enable insurance companies to transfer big risks, such as for hurricane or earthquake damage, to financial market ...