Canadian insurer Manulife Financial Corp and Switzerland’s Ace Ltd are among bidders for New York Life Insurance Co’s Hong Kong,...
International & Reinsurance News
Arc Legal Assistance, a UK-based specialist provider of legal expenses insurance, has announced the launch of a dedicated yachting and...
A bulletin from Aon UK, notes that Britain’s Insurance Fraud Bureau “has claimed that “crash for cash” schemes, in which...
Fitch Ratings has affirmed the ratings of PartnerRe Ltd. with a negative outlook. The affirmation follows an “updated review of...
Hurricane Danielle has recovered some strength, and is once again a “category two hurricane on the Saffir-Simpson hurricane wind scale,”...
Standard & Poor’s Ratings Services has raised its counterparty credit rating on Validus Holdings Ltd. to ‘BBB’ from ‘BBB-‘. S&P...
A bulletin on the Lloyd’s of London web site (www.lloyds.com) warns that a “major transformer failure can wreak havoc, causing...
A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a”...
The latest bulletin, issued at 5:00 a.m. AST by the National Hurricane Center in Miami, notes that Hurricane Danielle has...
American International Group is expected to decide by early next week whether to enter formal negotiations with strategic investors for...