German insurer Allianz , owner of the world’s largest bond investor Pimco, favors private investors writing off 25-30 percent of...
International & Reinsurance News
State-owned People’s Insurance Company of China Group (PICC), one of the country’s largest insurers, plans to raise $5 billion to...
A top accounting rules setter said on Thursday it was well on the way to becoming the global standard in...
The Zurich Financial Services Group announced that it has signed definitive agreements with Banco Santander SA to enter into a...
The island of Guernsey’s Chief Minister, Lyndon Trott, met with officials in Washington this week as part of a series...
Standard & Poor’s Ratings Services has said that its “ratings on Validus Holdings Ltd. (BBB/Stable/–) remain unchanged following the insurance...
Bermuda-based AXIS Capital Holdings Limited has estimated that the total net financial impact of the June 2011 aftershock in New...
A report from Towers Watson has concluded that “motor insurance losses in a number of Middle East countries have dropped...
Taiwan’s Financial Supervisory Commission says a local conglomerate has met conditions the commission stipulated in June to purchase AIG’s Taiwanese...
An earthquake with a preliminary magnitude of 5.5 jolted the Tokyo area on Friday, the Japan Meteorological Agency reported. There...