Although there has been progress, the terrorism insurance market needs to do more to improve coverage at a time when...
International & Reinsurance News
Munch Reinsurance Co. has repurposed a Bermuda unit that was authorized for property/casualty business into a reinsurer for its U.S....
Hannover Re and HDI Global SE are merging their specialty activities in a new joint venture. The new company, HDI...
The Denmark insurance company Alpha Insurance A/S has filed for bankruptcy. The firm was placed into liquidation on March 4...
European countries and companies that continue to do business with Iran could face U.S. sanctions, National Security Adviser John Bolton...
Chinese insurers are channeling funds through shadow lenders to real estate and local government infrastructure projects in a bid to...
Royal Bank of Scotland’s shares rose as much as 6 percent last Thursday after the bank reached a $4.9 billion...
Wu Xiaohui, former chairman of Anbang Insurance Group Co., was sentenced to 18 years in prison after being convicted of...
Ant Financial, the Chinese payments giant controlled by Jack Ma, is expected to close a fundraising of at least $10...
Specialty insurer Beazley has appointed Vicente Miranda as a specialty lines underwriter responsible for developing Beazley’s specialty lines portfolio with...