American International Group has joined the ranks of major insurers committed to doing something about the increased risks the industry...
International & Reinsurance News
Boston-based AIR Worldwide Corporation announced that China’s PICC Property and Casualty Company Limited has licensed CLASIC/2™ and CATRADER®, AIR’s catastrophe...
France’s SCOR Group reported a healthy first quarter with net income rising 61 percent to €53 million ($68.34 million) from...
A.M. Best Co. announced that it has downgraded the financial strength rating of Luxembourg-based West of England Ship Owners Mutual...
Swiss-based reinsurer Converium announced that Paolo De Martin and Andreas Zdrenyk have been appointed as new members of the Company’s...
Fitch Ratings announced that it has assigned a “BBB-” rating with a positive outlook to Arch Capital Group, Ltd.’s proposed...
Global broker Willis Group Holdings, Ltd. announced that it has been “awarded significant new construction and marine cargo business with...
Bermuda-based Validus Reinsurance Ltd., a subsidiary of Validus Holdings, Ltd., announced that it has entered into a collateralized quota share...
AIR Worldwide Corporation announced the release of its third generation numerical weather prediction-based (NWP) European Extratropical Cyclone Model. “The update...
American International Group announced that its life and general insurance subsidiaries in China, American International Assurance Company Limited and AIU...