Lloyd’s announced an interim profit of 1.38 billion pounds Sterling ($2.47 billion) for the six month period ended June 30,...
International & Reinsurance News
Bermuda-based Everest Re Group Ltd. announced that net pre-tax catastrophe loss impacts arising from third quarter events are expected to...
Despite spending more time on risk management, board directors at global businesses are failing to identify and manage emerging risks...
The world’s second largest insurance broker reported on Wednesday that it will eliminate some 750 jobs at its British operations...
Parts of Mexico and surrounding regions witnessed major destruction from Hurricane Stan earlier this week, with more than 70 people...
The Wawanesa Mutual Insurance Company (Wawanesa), one of Canada’s largest property and casualty insurers, has been ranked first among property...
Bermuda-based PartnerRe Ltd. has provided a further update on the catastrophic events of the third quarter, and the potential impact...
Zurich Financial Services Group (Zurich) announced that it expects aggregate claims payments related to Hurricane Katrina of approximately $600 million...
Bermuda-based ACE Limited announced that Citigroup Global Markets Inc. and Goldman, Sachs & Co. have exercised their option to purchase...
A.M. Best Co. has assigned a financial strength rating of B (Fair) and an issuer credit rating of “bb” to...