Demand for disaster derivatives is surging as insurers seek alternatives to scarce reinsurance and expensive catastrophe bonds, with the forthcoming...
International & Reinsurance News
Validus Holdings Ltd slightly sweetened its hostile bid for IPC Holdings Ltd. to $1.69 billion Monday, in its latest attempt...
An article on the Lloyd’s of London web site (www.lloyds.com) notes that “Lloyd’s Chairman Lord Levene visited Germany last week...
Lloyd’s of London has received an establishment license in Portugal. “The license will allow Lloyd’s underwriters to appoint coverholders to...
The Australian navy thwarted an attack by pirates on two merchant ships in the dangerous waters off Yemen, Australian defense...
Dutch financial group ING made clear this week it was not in any particular rush to complete its planned €8...
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+’,...