A.M. Best Co. has affirmed the financial strength rating of ‘B-‘ (Fair) and the issuer credit rating of “bb-” of...
International & Reinsurance News
A report from Munich Re confirms that losses from natural catastrophes “were far lower in 2009 than in 2008 due...
Somali pirates have hijacked a UK-flagged chemical tanker in the Gulf of Aden, the first merchant vessel to be seized...
A radical Greek anarchist group claimed responsibility Monday for an overnight bomb attack that damaged an insurance company headquarters in...
According to the latest figures compiled by the Association of British Insurers (ABI), trade credit insurers paid out a record...
Munich Re’s CEO Nikolaus von Bomhard issued a statement on the reinsurer’s web site that left no doubt concerning the...
Swiss Re has concluded that, despite the unusually quiet 2009 hurricane season, “overall natural catastrophe losses have increased significantly over...
A.M. Best Co. has revised the outlook to positive from stable and affirmed the financial strength rating (FSR) of ‘A+’...
The Zurich Financial Services Group announced that it has obtained, through its subsidiaries, Zurich American Insurance Company and Zurich Insurance...
A helicopter dropped a $4 million ransom payment on Sunday on to the deck of a Chinese coal ship hijacked...