International & Reinsurance News

White Mountains Names Fass President

Bermuda-based White Mountains Insurance Group Ltd. announced the election of Steven Fass as president and chief executive officer, effective immediately....

Transatlantic Updates Q3 Losses

Transatlantic Holdings Inc. announced that its preliminary estimate of pre-tax cost, net of reinsurance, related to Hurricane Rita approximates $50...

S&P Affirms R&SA ‘A-‘ Ratings

Standard & Poor’s Ratings Services announced that it has affirmed its “A-” long-term counterparty credit and insurer financial strength ratings...

R&SA Acquires Chile’s Cruz del Sur

Royal & Sun Alliance Insurance Group PLC announced the acquisition of Chile’s leading general insurance business Compañia de Seguros Generales...

Japan to Privatize Postal System

Japanese Prime Minister Junichiro Koizumi made good on his promise to privatize the country’s giant postal system when the upper...

Best Affirms GCAN ‘A’ Rating

A.M. Best Co. announced that it has affirmed the financial strength rating of “A” (Excellent) of Toronto-based GCAN Insurance Company...

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