A.M. Best Co. has commented that the financial strength rating of ‘A-‘ (Excellent) and issuer credit rating (ICR) of “a-”...
International & Reinsurance News
Swiss Re has announced cost cutting moves aimed at saving around CHF 400 million ($349 million) “by the end of...
Munich Re announced that it has successfully concluded the acquisition of specialty insurer HSB Group from US insurer AIG for...
A new report from Willis Re, entitled “Conserving Capital – 1st View,” concludes that the “majority of reinsurers reported relatively...
Fortis NV Wednesday postponed a shareholder vote until April 28-29 on the sale of its former banking arm to BNP...
As indicated in the previous article, Validus Holdings has made an unsolicited offer to combine with IPC Holdings Ltd. in...
The Bermuda-based Max Capital Group acknowledged that it has received a copy of Validus Holdings, Ltd.’s unsolicited, stock-for-stock, proposal for...
Standard & Poor’s Ratings Services announced that its ratings on U.K.-based Aspen Insurance U.K. Ltd. (A/Stable/–), Bermuda-based Aspen Insurance Ltd....
Standard & Poor’s Ratings has lowered its counterparty credit and financial strength ratings on Bermuda-based R.V.I. Guaranty Co. Ltd. and...
Insurers and reinsurers may have weathered the global financial crisis comparatively well so far, but they could be facing another...