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...
Lloyd’s has released its official 2005 annual report. The package also contains a report from acting CEO Luke Savage, a...
Standard & Poor’s Ratings Services announced that it has assigned its “BB+” preferred stock rating to Arch Capital Group Ltd.’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...