According to Swiss Re’s sigma preliminary estimates, economic losses from natural catastrophes and man-made disasters will likely reach at least...
International & Reinsurance News
Axis Capital Holdings Ltd. said this week its preliminary estimate of the total net financial impact of Sandy is around...
Proposed curbs on insurers aimed at preventing a repeat of AIG’s 2008 taxpayer bailout could raise the cost of insurance,...
Talbot Underwriting Ltd., a wholly owned subsidiary of Validus Holdings, Ltd., announced the appointment of Thomas Schild as Vice President,...
Zurich Insurance announced that it currently estimates aggregate claims net of reinsurance of about $700 million relating to Storm Sandy....
The Bermuda-based Catlin Group Limited announced that it currently estimates its Sandy-related losses at approximately $200 million, net of reinsurance...
Crime, corruption and tax evasion have cost the developing world nearly $6 trillion over the past decade, and illicit funds...
A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating of ‘B++’ (Good) and the issuer credit...
International insurance think tank, The Geneva Association, published its response to the International Association of Insurance Supervisors’ (IAIS) public consultation,...
A special report from A.M. Best analyzes the “reduced frequency of large-scale catastrophes through November 2012, which, Best said, has...