According to initial estimates from the forthcoming Swiss Re sigma study on catastrophes, more than 238,000 people lost their lives...
International & Reinsurance News
A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A+’ (Superior) and the issuer credit rating (ICR) of...
Lloyd’s of London announced that “following his re-election to Council, the Council of Lloyd’s has re-appointed Lord Peter Levene as...
A bulletin from Willis Group Holdings London office notes that the “most significant factor in the run up to Marine...
Standard & Poor’s Ratings Services has revised its outlook on White Mountains Insurance Group Ltd. (WTM), OneBeacon Insurance Group Ltd....
Fitch Ratings announced that it has downgraded XL Capital Ltd. and its P/C (re)insurance subsidiaries, including the Issuer Default Rating...
A.M. Best Co. has downgraded the financial strength rating (FSR) to ‘B+’ (Good) from ‘A-‘ (Excellent) and issuer credit rating...
Insurance Australia Group Limited (IAG) announced that it has agreed to sell its mass market distribution businesses in the UK...
International insurance watchdogs are working on a system to help safeguard reinsurers’ stability when they are hit by major catastrophes...
Auto and truck insurer Kingsway Financial Services said Wednesday that it will cut jobs and freeze salaries as part of...