Thai Floods Batter Global Electronics, Auto Supply Chains October 28, 2011 By Ploy Ten Kate and Chang-Ram Kim Manufacturers of car parts and computer hard drives are the worst hit in Thailand, and face a bleak key holiday...
Markets Cheer Euro Deal But Questions Remain October 27, 2011 By Julien Toyer and Luke Baker The euro and stocks rallied on Thursday after European leaders struck a deal to provide debt relief for Greece, but...
ABI Assures UK Flood Victims Insurers Ready to Help October 27, 2011 The Association of British Insurers (ABI) has issued a bulletin advising “anyone who has suffered flood damage as a result...
AIR Reports on Heavy Rains, Floods in Ireland, Southwest England, Wales October 27, 2011 Catastrophe modeling firm AIR Worldwide has issued a bulletin on the “torrential rainfall” that has “caused widespread disruption and damage...
Third Quarter Earnings Reports: ACE Limited; Arch Capital October 27, 2011 ACE Limited: Q3 2011 Q3 2010 Gross premiums written– $5.9 bn $5.0 bn 9 months – 2011 —- 2010 $15.967...
UPDATE: Hurricane Rina Bearing Down on Yucatan Peninsula October 26, 2011 The latest report from the national Hurricane Center in Miami at 10:00 A.M. CD warns that the Mexican government “has...
Flagstone Re to Restructure Business; Sell Lloyd’s Operation October 26, 2011 Flagstone Reinsurance Holdings has announced a number of strategic initiatives, which it said are “designed to realign the Company’s strategy...
Best Revises Allied World, Affiliates ICR Outlook to Positive; Affirms Ratings October 26, 2011 A.M. Best Co. has revised the outlook to positive from stable and affirmed the issuer credit ratings (ICR) of “a”...
Best Affirms Ratings of UK-Based Travelers Insurance Co. Limited October 26, 2011 A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating of ‘A’ (Excellent) and issuer credit rating...