Bermuda-based AXIS Capital Holdings Limited announced that it has agreed to acquire the business and operations of Australian managing general...
International & Reinsurance News
AIR Worldwide Corporation announced that it has updated its probabilistic catastrophe risk models for Japan. AIR said the “enhanced models...
Marsh announced that it has launched a dedicated Public Sector Practice in Scotland to help the country’s public sector organizations...
Standard & Poor’s Ratings has revised its outlook on Spain’s Mapfre S.A and related core subsidiaries (Mapfre Empresas, Compania de...
Insurance firms Axa S.A., MetLife Inc. and Prudential Plc., as well as China’s sovereign wealth fund CIC, are all in...
The National Association of Insurance Commissioners (NAIC) has adopted its Reinsurance Regulatory Modernization Framework Proposal, which modernizes U.S. state-based regulation...
At their most recent conference in London, Swiss Re’s economists predicted a “severe recession until mid 2009 in industrialized economies,...
Recession and the change of U.S. administration make it unlikely the world will meet a 2009 deadline for agreeing a...
A.M. Best Co. has commented that the financial strength rating of ‘A-‘ (Excellent) and issuer credit rating (ICR) of “a-”...