French bank BNP Paribas agreed to scoop up assets in Belgium and Luxembourg of banking and insurance group Fortis for...
International & Reinsurance News
Europe’s largest companies take risk management seriously. So seriously that the Federation of European Risk Management Association’s (FERMA) conference last...
Zurich Financial Services announced “an impairment of about $275 million after policyholder allocation and before tax as a result of...
The success of MGAs needs little introduction. For the past several years, the MGA story has been one of growth,...
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.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...
A Japanese insurer that is a unit of troubled American International Group Inc. has received 90.7 billion yen (US$872 million)...