Fitch Ratings stated in a Special Report today that its Rating Outlook for the Bermuda (re)insurance market remains negative, “reflecting...
International & Reinsurance News
Swiss RE’s CEO Jacques Aigrain resigned today, Thursday, February 13, a week after U.S. investor Warren Buffett stepped in with...
Standard & Poor’s Ratings Services has affirmed its ‘BBB+’ counterparty credit rating on XL Capital Ltd. and its ‘A’ counterparty...
The Bermuda-based Max Capital Group reported a net loss for the three months ended December 31, 2008, of $94.1 million,...
Willis Group Holdings, the third largest global insurance broker, said Wednesday that its fourth-quarter net income fell about 35 percent,...
The Bermuda-based Everest Re Group reported an overall net loss of $16.591 million, or $0.27 per share, for the fourth...
Bermuda-based Validus Holdings plans to release its financial results for the fourth quarter and fiscal year ended December 31, 2008,...
Britain’s Serious Fraud Office (SFO) has launched a preliminary inquiry into suspected irregularities at a British subsidiary of American International...
Bermuda-based XL Capital posted a $1.43 billion fourth-quarter net loss Tuesday, and said it will cut its dividend and slash...
Standard & Poor’s Ratings Services has lowered its long-term counterparty credit and senior unsecured debt ratings on Toronto-based specialty insurance...