According to a report from Marsh’s London office, “European financial institutions are buying less insurance or decreasing their sums insured...
International & Reinsurance News
German Chancellor Angela Merkel and the head of the IMF warned of financial contagion on Wednesday unless a euro zone...
British insurer Prudential Plc hit a last-minute regulatory snag in its planned $35.5 billion acquisition of AIG’s Asian unit, forcing...
XL Capital’s first quarter, 2010 net income decreased to $127.996 million, from $178.379 million in Q1, 2009. Operating income, which...
The Bermuda-based Max Capital Group Ltd. reported net income of $36.4 million, or $0.63 per diluted share, for the quarter...
A deep-sea search for the wreck of an Air France plane that crashed into the Atlantic last year, killing all...
Hannover Re’s first quarter report noted that, although it had been hit with some “major losses,” the reinsurer was nonetheless...
London-based Amlin plc, one of Lloyd’s and the UK’s best known insurers, has announced plans to establish a reinsurance company...
Somali pirates on Wednesday hijacked the China-bound oil tanker MV Moscow University 350 miles (565 km) off the coast of...
A cloud of abrasive volcanic ash drifting south from Iceland disrupted flights to and from Ireland and Scotland anew on...