Swiss Re Estimates $240 Million in Claims from German July Hail Storms September 23, 2013 Swiss Re said it estimates industry wide insured losses from the hail storms in northern and Southern Germany in July...
Typhoon Usagi Weakens before Hitting China Coast: AIR Worldwide September 23, 2013 According to catastrophe modeling firm AIR Worldwide, Severe Typhoon Usagi, the 19th named storm to form in the Northwest Pacific...
Swiss Re Opens French Operation for Hull and Cargo Coverage September 20, 2013 Swiss Re Corporate Solutions announced the expansion of its Marine insurance presence in Continental Europe through the formation of a...
Magnitude 5.8 Earthquake Hits Japan’s Fukushima Prefecture-Kyodo September 20, 2013 An earthquake with a preliminary magnitude of 5.8 struck Fukushima Prefecture in Japan early Friday morning, Kyodo reported, quoting the...
Best Affirms Ratings of Aspen Insurance and Subs Ratings September 20, 2013 A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating of ‘A’ (Excellent) and the issuer credit...
Typhoon Usagi Heads Toward Taiwan and China: AIR Worldwide September 20, 2013 AIR Worldwide’s latest report on Typhoon Usagi describes a “Category 3 storm with maximum sustained winds of 204 km/h [127.5...
RBS Seeks to Raise as Much as $1 Billion from Direct Line Stake September 20, 2013 By Howard Mustoe and Ruth David Royal Bank of Scotland Group Plc is seeking as much as £630 million ($1.009 billion) from its third sale of...
EU Ready for Talks with China on Possible Free Trade Pact September 19, 2013 By Robin Emmott European Union countries will agree next month to talks with China on a pact making it easier to do business,...
UK Regulator Investigates 2 Life Insurers over Banned Sales Commissions September 19, 2013 By Chris Vellacott Britain’s financial regulator is investigating whether two life insurance companies breached new rules that ban the offering of commissions to...
Mexico Storms Leave 80 Dead as New Hurricane Heads for Coast September 19, 2013 By Brian K. Sullivan and Nacha Cattan Hurricane Manuel formed off of Mexico’s Pacific coast, promising to bring new flooding as the nation struggles to clean up...