A.M. Best Co. has upgraded the financial strength ratings (FSR) to ‘A’ (Excellent) from ‘A-‘ (Excellent) and the issuer credit...
International & Reinsurance News
A.M. Best Co. has downgraded the financial strength rating (FSR) to ‘A’ (Excellent) from ‘A+’ (Superior) and issuer credit ratings...
A former finance chief of insurance company Swisslife Holding has been charged with multiple counts of embezzlement and fraud, prosecutors...
RSA Insurance Group PLC said that it plans to cut 1,200 jobs as it reported a 7 percent fall in...
Britain’s banks must clean up their balance sheets and start rebuilding their operations, the Treasury chief said Wednesday as major...
Reinsurers have begun 2009 determined to wrest back the initiative from a period of softening rates and savagely declining investment...
Three potential bidders remain interested in the sale of a large stake in American International Group’s $20 billion Asian life...
The European Union should set up two bodies to coordinate oversight of financial institutions across Europe, according to a report...
Insurers are increasingly using scenario analysis to evaluate multiple risks, but the industry could do more to fully exploit state-of-the-art...
Global reinsurance specialist Guy Carpenter Co., LLC has been awarded a grant by the Microinsurance Innovation Facility to develop a...