Two tropical cyclones – Hurricane Kirk and Tropical Storm Leslie – are currently active in the middle of the Atlantic...
International & Reinsurance News
New research from the Willis Research Network (WRN) addresses scientific forecasts that “global warming is likely to lead to stronger...
Reinsurer Validus Holdings Ltd said it will buy Flagstone Reinsurance Holdings for about $600 million in cash and stock to...
A.M. Best Co. has downgraded has the financial strength rating (FSR) to ‘B+’ (Good) from ‘B++’ (Good) and the issuer...
Insurance companies based in the EU are not allowed to provide cover for ships that carry Iranian cargo. The EU...
The newly acquired Lloyd’s ANV Syndicate announced the opening of its Accident and Health (A&H) business. The business was “previously...
The Caribbean Catastrophe Risk Insurance Facility has reported that, while some of its members were impacted by tropical storm Isaac,...
A note from Willis Group Holdings features comments from Ann Longmore, Executive Vice President of Willis’ Executive Risks practice, who...
Willis China, part of Willis Group Holdings, announced that the Chinese Insurance Regulatory Commission (CIRC) has granted approval for it...
According to catastrophe modeling firm AIR Worldwide, after weakening to borderline tropical storm/typhoon strength (120 km/h [75 mph] 10-minute sustained...