XL Capital Ltd. announced that it has entered into a Remarketing Agreement “relating to the remarketing of the 5.25 percent...
International & Reinsurance News
W. Marston (Marty) Becker, Chairman and CEO of the Bermuda-based Max Capital Group has issued a letter addressed to the...
A.M. Best Co. has commented that the financial strength rating of ‘A’ (Excellent) and the issuer credit rating (ICR) of...
American International Group Inc is selling its consumer finance businesses in Latin America, including a unit in Colombia it bought...
Dutch financial and insurance group ING will take a 2008 loss of €1 billion ($1.294 billion) and will tap into...
Hannover Re is buying a life insurance portfolio of ING Groep from Scottish Re to become the fifth-biggest individual life...
A.M. Best Co. has downgraded the issuer credit ratings (ICR) to “b” from “bb-” of Canada’s Kingsway Financial Services Inc....
Toronto-based Kingsway Financial Services Inc. has responded to the various rating actions taken by A.M. Best (see related article). The...
“The string of natural catastrophes that wreaked havoc in 2008, costing the global economy $225 billion and leaving insurers with...
Bermuda’s PartnerRe Ltd. announced that during the January 1 renewal season it expects to write and bind approximately $2.1 billion...