Swiss Re’s chief economist Kurt Karl endorsed the 25 basis point (bp) Federal Reserve increase in the target fed funds...
International & Reinsurance News
Bermuda’s ACE Limited confirmed earlier earnings announcements when it posted net income for the fourth quarter ended Dec. 31, 2004...
The Navigators Group Inc. has announced the completion of a new $125 million credit facility with a syndicate of banks...
Standard & Poor’s Ratings Services announced that it has affirmed its “A” long-term counterparty credit and insurer financial strength ratings...
Standard & Poor’s Ratings Services announced that it has assigned its preliminary “BB” senior debt, “BB-” subordinated debt, and “B+”...
Five insurance companies are set to recover 2.3 million euros ($3 million) from the French government, while Air France will...
Standard & Poor’s Ratings Services has published the first of its quarterly reports on the members and syndicates at Lloyd’s....
Aon’s Trade Credit division has published its annual analysis of the world’s trade credit and political risk hotspots as illustrated...
Bermuda-based IPC Holdings, Ltd. announced that its fourth quarter, 2004 results will be adversely impacted by catastrophe losses, arising primarily...
Sweden’s Skandia Insurance Company Ltd. announced that it has reached a settlement agreement with its former Chairman, Lars Ramqvist, in...