Bermuda’s AXIS Capital has announced a strategic reorganization “to further strengthen the global operations of AXIS Insurance,” starting with the...
International & Reinsurance News
A.M. Best Co. has withdrawn the financial strength rating (FSR) of “A” (Excellent) and the issuer credit rating (ICR) of...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...
AI is changing the independent insurance channel right before our eyes. It’s happening so fast and so drastically that it...
Standard & Poor’s Ratings Services indicated that Germany’s Allianz (AZSE) plans to buy out the minority shareholders in Assurances Generales...
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...
More than 100,000 people have been evacuated in southern Malaysia to escape massive flooding, which has raised the specter of...
Standard & Poor’s Ratings Services has stated that its rating and outlook on French reinsurer AXA Re (currently “AA-“/Stable) “are...