The formerly placid world of the bond insurers has suddenly become as chaotic as the P/C sector after a major...
International & Reinsurance News
Standard & Poor’s Ratings Services indicated that its ratings on PartnerRe Ltd., currently ‘A’ with a stable outlook, and related...
A.M. Best Co. has affirmed the financial strength rating (FSR) of A- (Excellent) and the issuer credit rating (ICR) of...
Climate change is having “a significant impact” on the marine environment in the UK, according to a new report from...
RenaissanceRe announced that it expects two significant fourth quarter charges: — A charge which would result in a full reduction...
The UK’s Financial Services Authority (FSA) has fined HFC Bank Ltd., a division of HSBC, a record £1.085 billion ($2.136...
The Insurance Bureau of Canada (IBC) has repeated its long-standing call to the government of Newfoundland and Labrador to remove...
Marsh announced from its London office that David Batchelor will succeed Alex Moczarski as CEO of Marsh’s operations in Europe,...
The UK’s Chartered Insurance Institute, or CII group, announced that 2007 was its “best year for membership growth since 1935.”...
Germany’s Allianz SE announced that it is set to further reduce its stake in Munich Re by redeeming the “remaining...