Aon Global Insurance Management, a unit of Aon Corporation, has appointed Alison Quinlivan as the new managing director of captive business development team for the Americas.

American National Insurance Co. saw a 21 percent drop in first quarter earnings due primarily to higher catastrophe losses in its property and casualty business.

TORONTO - Kingsway Financial Services Inc. (TSX:KFS) said Monday it has signed a deal to sell York Fire and Casualty Insurance Co. to La Capitale General Insurance Inc. for $95 million.

In another move to beef up its strategy in the insurance sector, Oracle has bought Skywire Software's application business for an undisclosed sum, the company announced Monday. The move follows  Oracle's May announcement that it plans to buy Admi

The crash in the stock market has left an impact on the life insurance industry also. Private sector market leader ICICI Prudential has reported just a 20 per cent rise in new retail business weighted premiums during March, 2008, and a 40 per cent rise fo