Germany’s Allianz SE, Europe’s largest insurer in terms of gross premiums written, is set to get even bigger. The Munich-based...
International & Reinsurance News
Bermuda’s AXIS Capital has announced a strategic reorganization “to further strengthen the global operations of AXIS Insurance,” starting with the...
A.M. Best Co. has withdrawn the financial strength rating (FSR) of “A” (Excellent) and the issuer credit rating (ICR) of...
Accenture has signed a 10-year, $100 million business processing outsourcing (BPO) agreement with AIG Europe S.A. The Agreement provides for...
Standard & Poor’s Ratings Services indicated that Germany’s Allianz (AZSE) plans to buy out the minority shareholders in Assurances Generales...
The European Union and China on Wednesday kicked off negotiations on expanding cooperation in trade, climate change and other fields,...
Hannover Re has increased its underwriting capacity for catastrophe risks through a $106 million capital market securitization, which “boosted the...
The UK’s Financial Services Authority (FSA) has issued a warning to insurance firms to stop using savings claims which could...
Lloyd’s capacity for the year 2007 has increased to approximately £16 billion ($31.42 billion at current conversion rates), compared to...
Zurich Financial Services Group announced that its subsidiary, Zurich Insurance Ireland Limited (ZIIL), which functions as an EU-wide risk carrier...