Standard & Poor’s Ratings Services has lowered its long-term counterparty credit rating and insurer financial strength rating on AIG General...
International & Reinsurance News
Bermuda-based PartnerRe Ltd. announced it held $110 million face value of fixed income securities issued by Lehman Brothers Holdings Inc....
Oxygen Holdings Plc, a London market insurance intermediary, and Arthur J Gallagher (UK) announced the sale of Oxygen’s underwriting subsidiary,...
Bermuda’s XL Capital Ltd. announced that it has appointed Fiona Muldoon as Senior Vice President, Global Treasurer. She previously served...
A bulletin from France’s AXA Group confirms that it “has a non material equity exposure to Lehman Brothers and American...
Bermuda-based Flagstone Reinsurance Holdings Limited announced that its preliminary estimate of claims relating to its exposure to Hurricane Gustav are...
The Netherlands AEGON has released details of its exposure to Lehman Brothers, following its filing for Chapter 11 bankruptcy protection...
Rolf Tolle, Lloyd’s Franchise Performance Director, speaking at the International Union of Marine Insurers’ Conference in Vancouver, noted that low...
Japan’s well-capitalized and acquisitive insurers and Australia’s top player are seen as potential buyers if reeling U.S. heavyweight AIG sells...
Swiss Re said it “estimates its overall net exposure to Lehman Brothers at approximately CHF 50 million [$46.6 million] and...