According to the latest figures compiled by the Association of British Insurers (ABI), trade credit insurers paid out a record...
International & Reinsurance News
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...
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...
A.M. Best Co. has assigned a financial strength rating (FSR) of ‘B+’ (Good) and issuer credit rating (ICR) of “bbb-”...
A.M. Best Co. has affirmed the financial strength rating of ‘A’ (Excellent) and the issuer credit rating of “a” of...