International & Reinsurance News

FSA Fines GenRe UK $2.35 Million

The U.K.’s Financial Services Authority (FSA) has fined General Reinsurance UK Limited (GenRe UK) £1.225 million ($2.35 million) for arranging...

PartnerRe Redeems Securities

Bermuda-based PartnerRe Ltd’s.investment vehicle, PartnerRe Capital Trust I, will call for the redemption of all of its outstanding 7.90 percent...

Best Rates Kiln Bonds ‘bbb’

A.M. Best Co. has assigned a rating of “bbb” to the $30 million floating rate subordinated bonds, issued by the...

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