The National Flood Insurance Program (NFIP) says it needs to borrow an additional $5.6 billion to cover claims and expenses...
Monthly Archives: January 2006
Alpharetta, Ga.-based ChoicePoint Inc., an insurance and data services provider, has agreed to pay $15 million to settle Federal Trade...
Germany’s Allianz Group, investment bank Goldman Sachs and American Express Company, have agreed to jointly acquire a 10 percent stake...
France’s AXA Group reported excellent results for the last quarter of 2005 and a full year increase in gross revenues...
The Lloyd’s delegation, currently attending the World Economic Forum in Davos, Switzerland, will be part of a panel discussion examining...
Old Mutual’s protracted efforts to acquire Skandia, Sweden’s largest insurer, has ended in success. The South African and U.K.-based company...
Clive Tobin, chief executive responsible for XL Capital Ltd.’s insurance operations, announced the appointment of Eileen McCusker as the new...
Standard & Poor’s Ratings Services announced that it has assigned its preliminary “BBB” senior debt, “BBB-” subordinated debt, “BB+” junior...
Bermuda-based Platinum Underwriters Holdings Ltd. announced that Robert S. Porter will be appointed chief executive officer of its Bermuda reinsurance...
A.M. Best Co. announced that it has affirmed the financial strength rating of “A-” (Excellent) and the issuer credit rating...