Heavy rains and flooding in Australia’s key coal-producing Queensland state have impacted mining operations and brought parts of the coal...
International & Reinsurance News
ACE Limited announced from its headquarters in Zurich that it has completed its acquisition of Rain and Hail Insurance Service,...
Japan’s Dai-ichi Life Insurance Co said it would buy the shares it does not already own in Tower Australia Group...
Chartis announced that it has entered into a reinsurance transaction with Lodestone Re, which will provide $450 million of protection...
A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit rating (ICR) of “a”...
A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and the issuer...
Somali pirates have released the Marida Marguerite, a German-operated chemical tanker after receiving a $5.5 million ransom, the Kenya-based East...
Natural and man-made catastrophes topped the list of the most significant events in 2010, with three major earthquakes, a near...
Bailed-out insurer American International Group Inc is close to picking a preferred bidder for Taiwanese life insurer Nan Shan, the...
A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating (FSR) of ‘A+’ (Superior) and the issuer...