Canada is considering classifying crude oil as a higher-risk, dangerous product, requiring emergency response plans for shipment by rail following...
International & Reinsurance News
The Property Casualty Insurers Association of America (PCI) has submitted formal comments to the International Association of Insurance Supervisors (IAIS)...
Insurance Australia Group Ltd. agreed to buy Wesfarmers Ltd.’s insurance underwriting businesses in Australia and New Zealand for A$1.85 billion...
Sompo Japan Insurance Inc., a unit of Japan’s third-largest casualty insurer group by market value, is considering buying the U.K.’s...
Cooper Gay Swett & Crawford (CGSC), the independent global wholesale and reinsurance brokerage group, announced the appointment of Phil Baker...
Catastrophe modeling firm AIR Worldwide estimates that insured wind losses from Extratropical Cyclone Xaver will range between €700 million [$963...
RSA Insurance Group Plc Chief Executive Officer Simon Lee resigned as the company bolstered reserves in Ireland. The shares fell...
Bond risk on QBE Insurance Group Ltd. halved in the first 11 months of the year before surging this month...
A.M. Best Europe – Rating Services Limited has downgraded the issuer credit ratings (ICR) to “a” from “a+” and affirmed...
A.M. Best Co. has commented that the financial strength rating of ‘A-‘ (Excellent) and issuer credit rating of “a-” of...