A.M. Best has downgraded the financial strength rating to B++ (Good) from A- (Excellent) and the issuer credit rating to...
International & Reinsurance News
Global Aerospace, a provider of aerospace insurance, has launched Aeroinsure, an online aviation underwriting and policy management system. Through Aeroinsure,...
Reinsurers are running out of claims reserves that they can release to boost profits as pricing continues to fall, according...
Allianz SE, Europe’s biggest insurer, struck a deal to limit risks in the U.S. by transferring policy obligations to reinsurer...
Sanford “Sandy” Weill, the former head of Citigroup Inc., has stepped down as chairman of Hamilton Insurance Group, the Bermuda-based...
As Britons debate whether to stay in or leave the European Union at a membership referendum, one of the key...
Intact Financial Corp. has made a strategic investment in Metromile, a San Francisco-based provider of pay-per-mile car insurance. Toronto-based IFC,...
Chubb Global Markets, the London-based wholesale insurance division of Chubb, announced the promotion of John Wadhams, currently senior underwriter, Aviation,...
Chinese conglomerate Fosun International Ltd.’s deal to acquire Israeli insurer Phoenix Holdings Ltd. for more than $460 million has unraveled,...
Starr Companies has expanded the availability of its travel insurance and assistance services for travel to Cuba. These plans provide...