A.M. Best Co. has downgraded the financial strength rating (FSR) to ‘A-‘ (Excellent) from ‘A’ (Excellent) and the issuer credit...
International & Reinsurance News
Bermuda-based PartnerRe Ltd. announced that its preliminary estimate of claims relating to its exposure to Hurricane Gustav are currently expected...
UK broker Alliance Corporate Risk Management is concerned that “with flooding having caused yet more devastation across the UK, …businesses...
The construction insurance market continues to present significant opportunity for agents and brokers, but it also faces new and evolving...
A.M. Best Co. has affirmed the financial strength rating of ‘A-‘ (Excellent) and issuer credit rating (ICR) of “a-” of...
The United States is discussing with allies how insurance firms can more rigidly apply sanctions on Iran to step up...
Allied World Assurance Company Holdings has announced two senior management promotions. Frank D’Orazio has been named Chief Underwriting Officer of...
The UK High Court has issued a civil restraining order, which enjoins former Lloyd’s Names from bringing further lawsuits against...
A new report published by Lloyd’s, as part of its “360 project,” and Risk Management Solutions (RMS), warns that “without...
In a new report the Conference Board, a non-profit, business research organization, has concluded “restrictions on greenhouse gas emissions (GHG)...
The Chubb Group announced that it has”expanded its multinational insurance group to encompass both Chubb’s standard P/C products and specialty...