Lloyd’s of London has received an establishment license in Portugal. “The license will allow Lloyd’s underwriters to appoint coverholders to...
International & Reinsurance News
The Australian navy thwarted an attack by pirates on two merchant ships in the dangerous waters off Yemen, Australian defense...
American International Group said it would accelerate plans to separate its Asian subsidiary through an initial public offering as the...
In a recently published special report from BestWeek, A.M. Best analyzes the relative economic strength Europe’s 10 largest insurance groupsand...
Marsh announced the appointment of Nabil Khawaja to lead its Global Energy Practice’s London-based offshore construction team. He will report...
Standard & Poor’s Ratings Services issued a statement that its ratings and outlook on Germany’s Allianz SE (AZSE), currently ‘AA’/Stable/’A-1+’,...
Proposals to arm sailors on commercial shipping vessels to battle pirates could lead to an “arms race” on the high...
Dutch financial group ING made clear this week it was not in any particular rush to complete its planned €8...
XL Insurance, the global insurance operations of XL Capital, has announced the hiring of three additional underwriters for its London-based...
Bermuda-based Montpelier Re Holdings Ltd. announced that Montpelier Syndicate 5151 will begin underwriting marine insurance business in August 2009. “The...