Somali pirates have hijacked a UK-flagged chemical tanker in the Gulf of Aden, the first merchant vessel to be seized...
International & Reinsurance News
A radical Greek anarchist group claimed responsibility Monday for an overnight bomb attack that damaged an insurance company headquarters in...
Swiss Re has concluded that, despite the unusually quiet 2009 hurricane season, “overall natural catastrophe losses have increased significantly over...
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...
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...
It’s a climate deal that has Europe feeling left out in the cold. The continent that used to take the...
XL Re, the global reinsurance operations of XL Capital Ltd., announced changes in the management and underwriting structure of its...