International & Reinsurance News

2008 Aviation Outlook Unclear

Capacity for aviation coverage appears to be increasing, but, as claims are also on the rise, the outlook for the...

Aspen Starts New Lloyd’s Syndicate

Aspen Insurance Holdings Limited has received approval from Lloyd’s to establish a new Lloyd’s Syndicate. Designated Syndicate 4711 with the...

Fitch Downgrades SCA; XL Comments

Fitch Ratings has downgraded the insurer financial strength (IFS) to ‘BB’ from ‘A’ for the following ratings on Security Capital...

Security Capital to Cut 60 Jobs

Bermuda-based monoline insurer Security Capital Assurance Ltd. (SCA) announced that it will reduce its workforce by approximately 60 positions. “The...

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