Some analysts cut their ratings on Zurich Financial Services AG on Friday after it wrote down $615 million worth of...
International & Reinsurance News
A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A-‘ (Excellent) and issuer credit rating (ICR) of “a-”...
ACE Limited announced from its headquarters in Zurich that it estimates net after-tax losses in the third quarter for the...
Zurich Financial Services announced “an impairment of about $275 million after policyholder allocation and before tax as a result of...
Swiss Re announced a partnership with Zurich-based CelsiusPro to offer weather risk transfer solutions to European companies. Swiss Re said...
Willis Re, the reinsurance arm of global broker Willis Group Holdings, has announced the formation of a Protection & Indemnity...
A Japanese insurer that is a unit of troubled American International Group Inc. has received 90.7 billion yen (US$872 million)...
Kingsway Financial Services Inc. has closed on the sale of York Fire & Casualty Insurance Co. for C$95 million to...
The Kazakh unit of AIG said on Tuesday it had no intention of selling its insurance business in the Central...
Underwriting margins in the United Kingdom remain under pressure in 2008, despite positive rate movement in some sectors, according to...