A.M. Best Europe – Rating Services Ltd. has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit...
International & Reinsurance News
Insurance software company Applied Systems announced plans to open a Canadian data center in the third quarter of 2012, in...
According to the Microinsurance Innovation Facility of the International Labor Organization and the Munich Re Foundation, “the number of microinsurance...
Cooper Gay Swett & Crawford (CGSC), the global wholesale and reinsurance brokerage group, has appointed Gavin Southwell as head of...
Nearly 100 years after the Titanic went down, a cruise with the same number of passengers aboard set sail on...
Bermuda-based Validus Holdings, Ltd. announced the capitalization of PαCRe, Ltd., a new Class 4 reinsurer. “PαCRe has been formed to...
French oil producer Total said it would pump mud into a well to stop a gas leak at its Elgin...
A.M. Best Co. has assigned a financial strength rating of ‘A’ (Excellent) and an issuer credit rating of “a+” to...
Swiss Re Capital Markets announced that it has “structured and successfully placed $240 million of insurance-linked securities [cat bonds] issued...
The Insurance Australia Group Limited (IAG) announced that its 49 percent-owned Malaysian associate, AmG Insurance Berhad, has received regulatory approval...