International & Reinsurance News

S&P Rates Endurance Debt Issue

Standard & Poor’s Ratings Services announced that it has assigned its preliminary “BBB” senior debt, “BBB-” subordinated debt, “BB+” junior...

XL Names McCusker UK, Ireland COO

Clive Tobin, chief executive responsible for XL Capital Ltd.’s insurance operations, announced the appointment of Eileen McCusker as the new...

Old Mutual Wins Battle for Skandia

Old Mutual’s protracted efforts to acquire Skandia, Sweden’s largest insurer, has ended in success. The South African and U.K.-based company...

Eureko Acquires More Shares in PZU

Eureko, the European insurance consortium, announced that it has reached agreement to acquire an additional 4.33 percent of shares in...

Lloyd’s Comments on Cat Models

“Catastrophe models are useful, but have their limits,” says a comment on the Lloyd’s Web site (www.lloyds.com). “That is the...

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