Reinsurers Resilient Despite Catastrophes, Economic Uncertainty, Says A.M. Best April 24, 2012 In a special report A.M. Best summed up the financial position of the global reinsurance industry as “resilient” in light...
S&P Revises Argentina’s Sovereign Debt Rating Outlook to Negative April 24, 2012 Standard & Poor’s revised its outlook on Argentina’s sovereign debt rating to negative from stable on Monday, citing policies that...
Earnings Report: Platinum Underwriters April 24, 2012 Q1 2012 Q1 2011 Net premiums written ———— $143.66 mn $194.78 mn Net premiums earned ———– $138.21mn $182.88 mn Net...
Ratings Recap: Insurance Barbados, Talanx (Notes), Ability Re, Newport Bonding April 23, 2012 A.M. Best Co. has affirmed the financial strength rating of ‘A-‘ (Excellent) and issuer credit rating of “a-” of Insurance...
IMB Report Notes Piracy Increasing in W. Africa; Somalia Still Main Threat April 23, 2012 The latest global piracy report from the International Chamber of Commerce (ICC) International Maritime Bureau (IMB) cites 102 “incidents of...
Q1 Insurance-linked Securities at Record $1.49 Billion: Aon Benfield Study April 23, 2012 Aon Benfield Securities, the investment banking division of global reinsurance intermediary and capital advisor Aon Benfield, has issued its latest...
Dutch Trains Collide in Amsterdam; 1 Death, Dozens Injured April 23, 2012 Two busy passenger trains collided head-on near an Amsterdam park, injuring scores of people including more than 50 seriously, a...
New Prosecutor Seeks to Stop Chevron’s Brazil Operations April 20, 2012 By Leila Coimbra and Reese Ewing A new prosecutor in the case against Chevron Corp and drilling firm Transocean Ltd for an offshore oil spill said...
Recent Indonesia Quake Added Pressure to Key Fault April 20, 2012 By Robin McDowell Seismologists say last week’s powerful earthquake off western Indonesia increased pressure on the source of the devastating 2004 tsunami: a...
Willis Global Energy Market Review Highlights 2011 Losses, Fracking Concerns April 20, 2012 By Charles E. Boyle Willis Energy, a unit of Willis Group Holdings, released its “Energy Market Review” at conference held at its London headquarters...