“The string of natural catastrophes that wreaked havoc in 2008, costing the global economy $225 billion and leaving insurers with...
International & Reinsurance News
XL Insurance announced from its office in Hartford that the Company has hired eight new field engineers for its worldwide...
Bermuda-based Validus Holdings announced that it has increased its estimate of the net adverse effect from Hurricane Ike by approximately...
The Bermuda-based Arch Capital Group announced that the Company has received approval in principle from the Lloyd’s Franchise Board and...
Standard & Poor’s Ratings Services has assigned its ‘AA-‘ counterparty credit and financial strength ratings on Renaissance Reinsurance of Europe...
Standard & Poor’s Ratings Services has placed its ‘BBB+’ long-term counterparty credit and insurer financial strength ratings on Ocidental Companhia...
The insurance industry can play a key role in preparing businesses for the terrorist threat according to the global security...
A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A+’ (Superior) and issuer credit ratings of “aa-” of...
Zurich Financial Services is marking the first year anniversary of the launch of its global Climate Initiative. The company noted,...
An article on the Lloyd’s web site (www.lloyds.com) discusses plans by the International Underwriting Association for making claims payment a...