Swiss Re’s preliminary estimates of insured losses from Hurricane Katrina are significantly higher than Munich Re’s (see previous article). The...
International & Reinsurance News
A Munich Re spokesman told news organizations on Tuesday that the world’s largest reinsurer’s preliminary estimates of insured losses from...
Lloyd’s has issued the following statement concerning Hurricane Katrina’s possible impact: “Lloyd’s expects to receive significant insurance claims as a...
France’s SCOR Group announced that it has obtained permission from the Indian regulatory authority (IRDA) to open a representative office...
Reports from Reuters, the Financial Times and other sources indicate that Equitas, the Lloyd’s runoff vehicle, will announce that it...
Another fatal building fire erupted in Paris on Monday night, Aug. 29, claiming 7 lives and injuring 14, three seriously....
Bermuda-based Allied World Assurance Company, Ltd. (AWAC) announced that Frank N. D’Orazio has been named senior vice president and global...
A.M. Best Co. announced that it has affirmed the financial strength rating of “A” (Excellent) of Allianz Suisse Versicherungs-Gesellschaft and...
Standard & Poor’s Ratings Services announced that it has raised its long-term counterparty credit ratings on Netherlands-incorporated ING Bank N.V....
The French Transport Ministry announced that it will publish a list of airlines that have been banned from landing in...