Royal Dutch Shell’s ruptured pipeline in the North Sea has already caused a “substantial” oil spill, with oil still leaking...
International & Reinsurance News
Oakland-based catastrophe modeling firm EQECAT has provided risk modeling services to Electricité Réseau Distribution France S.A. (ERDF) for the issuance...
Tokio Marine Holdings, Inc. is to become the sole shareholder of the largest Hawaii-based property and casualty insurance carrier. The...
Tropical Storm Gert strengthened slowly Sunday on a track toward Bermuda and forecasters said the global reinsurance hub could expect...
A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating of ‘A-‘ (Excellent) and issuer credit rating...
The UK’s insurance industry “has welcomed Prime Minister David Cameron’s announcement that the Riot Act police compensation schemes will operate...
A.M. Best Co. has affirmed the financial strength ratings of ‘A-‘ (Excellent) and the issuer credit ratings of “a-” of...
A Chinese bullet train manufacturer has halted some production while it investigates repeated breakdowns on the new Beijing-Shanghai line. China...
Non-life insurer Mitsui Sumitomo at Lloyd’s has appointed Peter McDermott as active underwriter of its Lloyd’s Syndicate 3210 with immediate...
“Most of the events cancelled were due to the police being need elsewhere,” said Simon Lyons, contingency underwriter at London-based...