Swiss-based Converium AG announced that it has received “all necessary regulatory approvals, and has closed the sale of its North...
International & Reinsurance News
The Board of Equitas and the Equitas Trustees have written to all Reinsured Names announcing three consultation meetings in January....
Swiss Re’s new sigma study – Securitizations,” also called “insurance linked securities (ILS),” notes that they “provide insurers with a...
A.M. Best Co. has affirmed the financial strength rating of “A-” (Excellent) of Guardian General Insurance Limited (GGIL) and its...
A.M. Best Co. has assigned a debt rating of “bbb” to the $350 million of non-cumulative perpetual preferred securities (issuer...
Vietnam hailed a historic vote in the U.S. Congress on Saturday that fully normalized trade between the two nations, a...
Australia’s QBE Insurance Group has agreed to purchase the Praetorian Financial Group (PFG), the US operation of Hannover Rueckversicherung AG...
Bermuda’s AXIS Capital Holdings Limited announced that Trident II, L.P. and related entities have agreed to sell 3 million of...
The UK-based Hiscox Limited has officially become Bermuda-based Hiscox Ltd., as shares of the redomiciled Group were admitted to trade...
A.M. Best Co. has upgraded the financial strength rating (FSR) to “A” (excellent) from “A-” (Excellent) and the issuer credit...