International & Reinsurance News

AIG Aids South Asia Quake Victims

American International Group Inc. (AIG) is donating $1 million to support relief efforts in the areas affected by the Oct....

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...

OdysseyRe Completes Stock Sale

OdysseyRe Holdings Corp. announced that it has completed the previously announced sale of 4,100,000 shares of its common stock, at...

Heavy Rains Cause U.K. Floods

Heavy rains overnight caused severe flooding in parts of the U.K. The worst affected areas were in southwestern Scotland, west...

S&P Raises If P&C Ratings to ‘A’

Standard & Poor’s Ratings Services announced that it has raised its long-term counterparty credit and insurer financial strength ratings on...

Max Re Share Offer Price $23.50

Bermuda’s Max Re Capital Ltd. announced that it has entered into an will sell 11,000,000 of its common shares in...

Aspen Completes Share Sale

Bermuda-based Aspen Insurance Holdings Limited announced that it has closed the public offering of 17,551,558 ordinary shares at a price...

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