Bermuda’s XL Capital Ltd. announced that Michael P. Esposito, Chairman of XL, has resigned from its Board of Directors. However,...
International & Reinsurance News
Although this year’s presents have long been opened, those who supply them have concerns that just won’t go away. “In...
A.M. Best Co. has affirmed the financial strength rating of A- (Excellent) and the issuer credit rating (ICR) of “a-”...
Certificate issuance is one of those tasks that looks straightforward from the outside. A client needs a certificate, the account...
Munich Re’s loss figures for 2007 from natural catastrophes concludes that “despite the general absence of extreme events, overall economic...
The Netherlands ING Group announced that it has reached an agreement with Berkshire Hathaway to sell its reinsurance unit NRG...
A bulletin on the Lloyd’s web site (www.lloyds.com) notes that the State of New Mexico and Virgin Galactic recently announced...
Bermuda-based Validus Holdings, Ltd. announced that its wholly owned subsidiary Validus Reinsurance, Ltd. has entered into a collateralized quota share...
Brazil has become the latest jurisdiction to relax collateral requirements as countries begin to see the benefit of well-capitalized investment...
France’s AXA Group announced that it has reached an agreement with the shareholders of Russia’s second largest insurance agent network,...
Standard & Poor’s Ratings Services has assigned its ‘BB+’ debt ratings to the €200 million ($292 million) Class A Series...