Zurich Financial Services Group (Zurich) created a new Mergers & Acquisitions (M&A) unit to analyze needs and offer customized solutions...
International & Reinsurance News
In 2006, total U.S. premium ceded to offshore reinsurers was $54.7 billion and ceded recoverables totaled $114.2 billion, according to...
Munich Reinsurance America Inc. announced that John P. Phelan will retire as planned on Dec. 31, 2007, after serving nearly...
A strong earthquake struck northwestern Japan on Monday, destroying hundreds of homes, buckling seaside bridges and causing a fire at...
Rates continued to decrease in the second quarter of 2007 across all financial, executive and professional lines of insurance, according...
The National Association of Insurance Commissioners (NAIC) recently signed a Memorandum of Understanding (MOU) with Korea’s Financial Supervisory Commission and...
No European City has changed as much as Berlin (with the possible exception of Dublin). Since the fall of the...
Standard & Poor’s Ratings Services has raised its long-term counterparty credit and insurer financial strength ratings on Germany’s Allianz SE...
Standard & Poor’s Ratings Services has affirmed its ‘A-‘ counterparty credit and financial strength ratings on Oil Insurance Ltd. (OIL)...
Financial services company Fortis NV said this week it will sell its 50 percent stake in its Spanish insurance business...