Embattled insurer American International Group Inc. said it will sell three of its Japanese life insurance businesses. As part 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...
Bermuda’s XL Capital Ltd. has announced preliminary net loss estimates for Hurricanes Gustav and Ike, as well as the effect...
Some analysts cut their ratings on Zurich Financial Services AG on Friday after it wrote down $615 million worth of...
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...